EBITDA OF €248.0 MILLION (+41%) 
AND GROWING MARGINS OF 36.3%

NET PROFIT OF €121.1 MILLION 

The General Meeting of shareholders of Sisal S.p.A. (“Sisal” or the “Company”) approved the Company’s economic and financial data for the year ended at 31 December 2021.

The Company’s business performance at 31 December 2021.

The Company closed the year 2021 with growing revenues at €683.8* million, a clear improvement (+30.6%) compared to €523.8 million earned at 31 December 2021.

The positive performance of revenues reflects the growth of online gaming and betting: the Group confirmed its strong leadership on the national market in terms of market share and brand positioning, with revenues of €247.8 million in financial year 2021, a noteworthy increase (+61.1%) compared to €153.8 million in financial year 2020. A significant growth that rewards the digital innovation path undertaken by Sisal, based on proprietary technological solutions and product innovation.

Sisal’s commitment and investments to develop its internationalisation strategy in Morocco, Turkey and Spain determined an increase of 177.5% in revenues of the international segment, which went from €40.3 million at 31 December 2020 to €111.9 million in the corresponding period of 2021. The results of operations carried out in Turkey, which started in August 2020 and brought revenues of €102.7 million in 2021 alone, were particularly significant.

The Retail segment also had a solid performance reporting revenues of €324.1 million at 31 December 2021 and showing a marked recovery especially in the second half of the year, thanks to the gradual reopening - after operations being suspended in the first 5 months of 2021 due to the restrictions caused by the pandemic - of the entire network of stores, which today for Sisal, as a whole, consists of over 36 thousand stores on Italian national territory and over 10 thousand stores across the world.

Sisal’s growth strategy is based on the three drivers of sustainability, digital innovation and internationalisation, led to a significant increase in the Group’s margins. EBITDA at 31 December 2021 was equal to €248.0 million, up by 41% compared to €176.3 million at 31 December 2020, while the Company’s EBITDA Margin stood at 36.3% compared to 33.7% in 2020.

The Group’s net profit amounted to €121.1 million, a strong increase compared to financial year 2020.

The Company’s Net Financial Position (NFP) at 31 December 2021 was €148.2 million, an improvement compared to €202.3 million at 31 December 2020.

“The data presented and approved have confirmed that the year 2021 was a key year for Sisal’s history and growth. They show that the Company is financially sound and the strategy undertaken is effective” remarked Francesco Durante, CEO of Sisal. “My thanks go to all our team: the significant performance we recorded in particular in the online and international segments will be a further incentive to continue on the Company’s development path in Italy and abroad”.

*Including revenues from Mooney (1,5 €m in 2021), separately classified as Discontinued operations within the Statutory Financial Statement, according to IFRS 5

Sisal is one of the main international operators in the regulated gaming sector. It currently operates in Italy, Morocco, Spain and Turkey, with a range of products that includes lotteries, betting, online gaming and amusement machines. The Company operates internationally in the retail channel through a network of over 53,000 stores, and on the online channel catering to 1.8 million consumers.

Sisal’s strategy rests on three pillars: sustainability, with a constant commitment to developing its Responsible Gaming plan through a safe and transparent entertainment model - digital innovation, thanks to its state-of-the-art gaming platform oriented towards omnichannel and expertise for the in-house development of software and applications to seize the opportunities of the digital transition - internationalisation, with the aim of being awarded tenders for new licences abroad on the basis of the solid expertise the Company has gained over the year.

For information:
Sisal Comunicazione | sisalcomunicazione@sisal.it
Sisal Investor Relations | ir@sisal.it
www.sisal.com

Barabino&Partners:
Massimiliano Parboni
Tel. 06/679.29.29
m.parboni@barabino.it
Francesco Faenza
Tel.: + 39 345 83 16 045
f.faenza@barabino.it