3 AUG 2021

Rai Way business grew in the first semester of 2021

The Italian company closed the first semester of the year with a turnover of €113.3 million and with core revenues growing by 2%.

3 AUG 2021

Share
  • Facebook
  • X
  • Linkedin
  • Whatsapp

Rai Way announced a growth of €113.3 million in the first semester of 2021 with core revenues growing by 2%. Other indicators also showed the same improvement, in particular from net profit, which rose to €33.2 million with an increase of 1.3%, and investments, which soared from 19 million in the first half of 2020 to €29.9 million in 2021.

Rai Way sees its revenues and profitability increase and confirms its growth targets for 2021. Also new for 2021 is the management of the data centre, structured in an innovative organisational area under the direction of managing director Luca Beltramino.

Aldo Mancino, Chief Executive Officer of Rai Way, commented: “The first half saw a progressive improvement in revenues and EBITDA compared to 2020, which already represented a challenging basis for comparison. We are satisfied with these results that allow us to confirm the growth targets for 2021. From an operational point of view, we are ready to support the transition process towards the new digital terrestrial television thanks to the combination, which characterizes our company, of technical and engineering and widespread presence on the territory."