Financial Highlights

Synthetic results	2020	2019	2018	2017
Revenues	281.3	300.6	290.7	198.3
Adjusted EBITDA	70.1	69.6	67.2	54.7
EBIT	26.4	30.3	31.3	27.7
EBIT % on Revenues	9.4%	10.1%	10.8%	14.0%
Pre-tax profit/(loss)	28.4	35.9	36.5	41.5
Net Profit/(loss)	24.2	30.3	28.5	34.0
Net equity	477.1	454.3	435.2	398.2
Adjusted Net financial position (Cash)	43.7	(39.9)	7.6
Net Financial Position (Cash)	40.2	(107.4)	22.5	40.2
Net invested capital	517.3	346.9	457.7	438.4
ROI	4.7%	8.7%	6,8%	6.3%
ROE	5.1%	6.7%	6.5%	8.8%
Total Investments (including those publicly funded)	173.3	194.1	56.8	158.8

Average number of employees (*)	2.230	2.268	2.271	1.246