EQS-News: Fonderie Mario Mazzucconi S.p.A.: APPROVAL OF THE FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED ON 31 DECEMBER 2022

EQS-News: Fonderie Mario Mazzucconi S.p.A. / Key word(s): Annual Results
Fonderie Mario Mazzucconi S.p.A.: APPROVAL OF THE FINANCIAL STATEMENTS FOR
THE FISCAL YEAR ENDED ON 31 DECEMBER 2022

26.07.2023 / 15:28 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Ponte San Pietro (BG), 25 July 2023 – Fonderie Mario Mazzucconi S.p.A.
(“FMM” or the “Company”) informs that the shareholders’ meeting, on 24
July 2023, approved the financial statements of the Company for the fiscal
year ended on 31 December 2022.

Moreover, the 2022 consolidated financial statements of Maberfin S.p.A. –
the holding company of the relevant group controlling 100% of the share
capital of FMM – have been presented to the relevant shareholders’ meeting
held on 24 July 2023.

The key financial, economic and net-worth indicators, as of 31 December
2022, resulting from the consolidated financial statement are the
following:

  (Millions of EUR) Variation
  Consolidated financial 2022 2021 (Millions of EUR) %
statement
  Gross value of production 253,82 234,28 19,54 8,3%
  Net value of production[1][1] 230,13 230,78 (0,65) -0,3%
  Costs of production[2][2] (239,37) (218,67) (20,71) 9,5%
  EBITDA Adjusted 14,45 15,61 (1,16) //
  % EBITDA Adj on Net value of 6,2% 6,7%
production // 0,5%
  EBITDA 13,28 14,05 (0,77) //
  % EBITDA on Net value of 5,7% 6,0%
production // -0,3%
  EBIT (3,06) (2,72) (0,34) //
  Financial expenses (4,18) (4,65) 0,47 //
  Income taxes and deferred tax 0,60 0,53
assets // //
  Final result (6,64) (6,84) 0,20 //
           
  Net worth 39,98 44,97 (4,99) //
  Net financial position 80,11 85,88 (5,76) //
           

 

With reference to the financial covenant, please note that, during the
meeting held on November 12^th, 2020 at the office of the Notary Public
Dr. Federico Cornaggia in Milan, the bondholders unanimously approved the
elimination of the Relevant Event relating to non-compliance with the
Financial Covenant on the Calculation Dates of December 31, 2020, December
31, 2021 and December 31, 2022.

***

 

Corporate details:

Edoardo Locatelli – Chief Financial Officer

Tel. +39 035 4551269

Email [3]edoardo.locatelli@mazzucconi.com

Internet website [4] www.mazzucconi.com  

[5]^[1]^Net of contributions and energy tax credits.

[6]^[2] The item „Costs of production“ includes the costs for the purchase
of goods and services, personnel costs and contingent.

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26.07.2023 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com

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Language: English
Company: Fonderie Mario Mazzucconi S.p.A.
Via Mazzini n.10
24036 Ponte San Pietro (BG)
Italy
Phone: +390354551211
E-mail: finanza.gruppo@mazzucconi.com
Internet: http://www.mazzucconi.com/
ISIN: IT0005320756
WKN: A19WNQ
Listed: Vienna Stock Exchange (Vienna MTF)
EQS News ID: 1689113

 
End of News EQS News Service

1689113  26.07.2023 CET/CEST

References

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3. edoardo.locatelli@mazzucconi.com
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