Results at 31 December 2023 approved

Cairo Communication

In 2023, the Group achieved consolidated gross revenue of Euro 1,160.0 million (Euro 1,175.9 million in 2022) and growing margins, with EBITDA of Euro 167.5 million (Euro 147.1 million in 2022), EBIT of Euro 86.9 million (Euro 69.3 million in 2022), and net profit of Euro 38.4 million (Euro 32.1 million in 2022)

• In the second half of the year, the Group generated positive cash flows, improving the net financial position by Euro 42.2 million versus 30 June 2023
• RCS ranks as Italy’s top online publisher also in 2023 with an aggregate figure of 31.6 million average monthly unique users (net of duplications - Audicom)
• At end December, the RCS Group's titles reached an active digital customer base of over one million subscriptions, 595 thousand for Corriere della Sera, Italy's leading newspaper also on newsstands, 214 thousand for Gazzetta, 136 thousand for El Mundo, and 82 thousand for Expansión
• La7 achieved high ratings, 3.4% in the all-day share and 4.9% in prime time, and was the sixth channel for ratings in this time slot, and in autumn (September-December) fifth with a 5.6% share
• The Cairo Editore magazine publishing segment, with EBITDA of Euro 7.9 million, also improved results versus 2022 (Euro 4.4 million)
• A dividend of Euro 0.16 per share will be proposed at the Shareholders’ Meeting

Federico Cairo appointed member of the Board of Directors of Cairo Communication S.p.A.