Retelit: approval of consolidated results at 30 September 2014
07 November 2014Price sensitive | Press releases
THE BOARD OF DIRECTORS APPROVES THE CONSOLIDATED RESULTS AT 30 SEPTEMBER 2014 The Group closes the first nine months of 2014 with the following economic and financial results: with a turnover of € 26.9 million (-6.2% compared to the same period of the previous year), EBITDA is positive at € 5.9 million (-22.1% compared to the first nine months of 2013), EBIT is negative at € -2.9 million (€ -2.4 million at 30 September 2013), and the net result presents a loss of € 1.8 million (against a loss of € 1.3 million at 30 September 2013).
2013-2017 INDUSTRIAL PLAN: Principally as a result of continuing political instability in Libya, the Board of Directors have been unable to confirm the targets in the 2013-2017 Industrial Plan, which specify a return to profit this year.
DANIELA TRAVELLA CO-OPTED AS INDEPENDENT DIRECTOR FOLLOWING THE WITHDRAWAL OF ALBERTO DELLA PORTA