EBIT up 44 per cent for Italy's Esprinet as it closes 'best year in history' for the firm

The southern European distributor's FY21 earnings show its top line was boosted by its M&A activity, growth in Portugal, and a stellar performance in its Cloud Business

Kelsey Rees
clock • 2 min read
EBIT up 44 per cent for Italy's Esprinet as it closes 'best year in history' for the firm

Esprinet has posted what it claims is the "best year in its history" in its FY2021 results for the year ended 31 December 2021. Sales grew four per cent year on year to €4.6bn.  While EBIT spiked 44 per cent to €68.4m. "We have closed an exceptional year in which we exceeded our targets, setting an all-time record not just in terms of sales but also, in particular, of net profit," said Esprinet CEO, Alessandro Cattani. "We believe that, in 2022, in the absence of external shocks a...

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