Board of Directors approves interim report at September 30, 2016
09 November 2016 - 14:18Price sensitive | Press releases
All key financial indicators significantly improve FY 16 results expected to beat Guidance with the reaching of full operating profitability
• 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
