09 November 2016 - 14:18

Board of Directors approves interim report at September 30, 2016

All key financial indicators significantly improve FY 16 results expected to beat Guidance with the reaching of full operating profitability

Press Releases
• REVENUES up 21.6% to Euro 36.6 million from Euro 30.1 million in 9M 2015 • EBITDA boosted 45.6% to Euro 10.6 million from Euro 7.3 million in 9M 2015 - EBITDA margin at 29.0% from 24.2% • EBIT of Euro 1.4 million from EBIT loss of Euro 1.4 million in 9M 2015 • Net Profit of Euro 1.8 million compared to a loss of Euro 0.6 million in the first nine months of 2015, recalculated on a like-for-like basis following the adoption of Hedge Accounting for derivative instruments. The 2015 9M Net Profit was Euro 2.1 million with derivatives measured at fair value. • Orders of Euro 26.9 million at Total Contract Value (TCV) • Net Cash Position of Euro 7.7 million compared to Euro 11.5 million at December 31, 2015 • 2016 results expected to beat guidance with the delivery of EBIT profit
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