The Amper Group earns 8.3 million euros in the first half

  • The Amper Group earns 8.3 million euros in the first half of 2019, 32% more than the same period last year.
  • The EBITDA figure stands at 10.7 million euros, compared to 7.3 million euros in 2018, which represents a 47% growth.
  • It should be taken into account that the Group’s major investments, made in recent months, have no influence on these results yet; consequently, it implies that the magnitudes to be presented are almost entirely attributable to the Group’s organic growth.

The incorporation of the new businesses acquired in the first six months of the year, together with the excellent evolution of the businesses already existing at the end of the previous year, allow the Amper Group to conclude the first half of the year 2019 consolidating the unprecedented improvement in all its magnitudes, already started in previous periods. It should be taken into account that the Group’s largest investments, Wireless Watts S.L. and Signal Intelligence Consultancy, S.L. (acquired in May and not yet integrated), Núcleo (acquired in July, outside the semester that concerns these results) and Formecal (acquired in August), and which together have meant an investment so far of 11.5 million euros , of a total of approximately 13 million euros invested by the Group in its inorganic growth since January of this year, they still have no influence on these results; consequently, it should be taken into account that the magnitudes to be presented are almost entirely attributable to the Group’s organic growth. In this way, the trajectory of this first semester will increase in the second semester according to the explanation of the preceding paragraph, as well as the new acquisitions that are being incorporated into the Group as of the date of this management report and the seasonality that it usually does that the results of the Group’s businesses improve in the second half of each fiscal year, allowing Amper to maintain the commitment to fulfill the objectives set out in its 2018-2020 Strategic Plan for fiscal year 2019, at similar levels of achievement to those achieved in the year 2018. In the first six months of the year, the general lines of action of the Amper Group have focused on: 1. the consolidation of the organic growth of the Group’s businesses, exceeding 25% annually. 2. the search for new opportunities for the development of inorganic growth and their incorporation into the Group that allow strengthening and completing, creating synergies, the value chain of the Group’s services and products. Much of these new opportunities have already materialized as of the date of this report. 3. the full repayment of the syndicated debt that definitively closes the stage of financial difficulties of the Amper Group, and that allows access to new sources of financing focused on the sustainable and healthy growth of the Group in the coming years. Consult Management Report

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