Hold the Presses is your online newsportal en brings press releases from around the world. Journalists can use it for free, although it is their responsibilty to check the news. Hold the Presses is in no way responsible for the content of the press releases, the Sender is. We hope you enjoy reading the news we bring you on this website. If a message is published that is not acceptable, we apologize. Please contact us and we will remove the message as soon as possible.

Friday, 29 September 2017

Italeaf: The Board of Directors approved the results as at 30 June 2017. NAV equal to Euro 33.5 million.

Italeaf S.p.A.    

Published: 22:02 CEST 29-09-2017 /GlobeNewswire /Source: Italeaf S.p.A. / : ITAL /ISIN: SE0006143103

Italeaf: The Board of Directors approved the results as at 30 June 2017. NAV equal to Euro 33.5 million.

PRESS RELEASE 29 SEPTEMBER 2017

 

ITALEAF:  Interim Report January-June 2017

The Board of Directors approved the results as at 30 June 2017. NAV equal to Euro 33.5 million. Ebitda increased of 28.8%. Net Result amounted to Euro -0.2 million

  • Revenues amounted to € 1.9 million (€ 40.8 million for the Italeaf Group consolidated)
  • EBITDA equal to € 0.5 million (€ 6.9 million for the Italeaf Group consolidated)
  • EBIT amounted to € 0.2 million (€ -6.5 million for the Italeaf Group consolidated)
  • EBT equal to € -0.3 million (€ -9.9 million for the Italeaf Group consolidated)
  • Net Result amounted to € -0.2 million (€ -6.6 million for the Italeaf Group consolidated)
  • Shareholders' Equity amounted to € 28.6 million (€ 60.4 million for the Italeaf Group consolidated)
  • NFP of 15.8 million (€ 104 million for the Italeaf Group consolidated)
  • NAV equal to € 33.5 million

 

The board of directors of Italeaf, holding company and first Italian company builder active in cleantech and smart innovation sectors, listed on on NASDAQ OMX First North, has approved today the interim report as at 30 June, 2017.

 

Financial highlights*

 

As at June 30, 2017

As at June 30, 2016

Change %

 in Euro

 Revenues from sales and services

1,870,789

1,928,473

-3%

 EBITDA

471,846

366,354

28,8%

 EBIT

165,820

65,245

n.a.

 EBT

(274,377)

(3,262,516)

-91.6%

 Net profit/(loss)

(177,433)

(3,314,038)

n.a.

 Net working capital

(1,178,419)

(1,050,052)

+10,9%

 Shareholders' equity

28,562,656

27,040,087

+5,6%

 Total net financial debt

15,768,878

17,007,361

+7,8%

*Separated Interim Report prepared in accordance with accounting principles ITALIAN GAAP

 

The NAV of Italeaf amounted to Euro 33,5 million as at June 30, 2017, with an increase of 13.7% compared to December 31, 2016.

 

The Interim Report as at June 30, 2017 in full version and in English will be published on the Company's website and on Nasdaq Inpublic.

 

Italeaf SpA is obliged to make public this information pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 22.00 CET on 29 September 2017.

 

 

This press release is also available on the Company's website: www.italeaf.com

 

Certified Adviser

Mangold Fondkommission AB, +46 (0)8 5030 1550, is the Certified Adviser of Italeaf SpA on Nasdaq First North.

For further information please contact: 
Filippo Calisti

CFO - Italeaf S.p.A.

E-mail: calisti@italeaf.com

 

Italeaf SpA, established in December 2010, is a holding company and a business accelerator for companies and startups in the areas of innovation and cleantech. Italeaf operates as a company builder, promoting the creation and development of industrial startups in the fields of cleantech, smart energy and technological innovation. Italeaf has headquarters and plants in Italy at Nera Montoro (Narni), Terni, Milano and Lecce; has international offices in London and Hong Kong. The company controls TerniEnergia, listed on the STAR segment of the Italian Stock Exchange and active in the fields of renewable energy, energy efficiency and waste management, and Skyrobotic, in the business development and manufacture of civil and commercial drones in mini and micro classes for the professional market, Numanova, operating in the field of innovative metallurgy and additive manufacturing, and Italeaf RE, a real estate company. Italeaf holds a minority stake in Vitruviano LAB, a research center active in the R&D sector for special materials, green chemistry, digital transformation and cleantech.

 



PRESS RELEASE



This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: Italeaf S.p.A., Strada dello Stabilimento, 1 - Nera Montoro, Narni (TR) 05035, Italy
If you would like to unsubscribe and stop receiving these e-mails click here.