General Meeting approves 2008 financial statements

Members appointed to the Board of Directors and the Board of Statutory Auditors

  • Turnover of 973 million euro, up 19.6% compared with 2007
  • EBITDA up by 6.55% (69.7 mln euro vs. 65.4 mln euro in 2007); up by 13.8% net of non-recurrent provisions
  • EBIT down by 6.50% (36.9 mln euro vs. 39.5 mln euro in 2007); up by 5.5% net of non-recurrent provisions
  • Net profit of 11.3 million euro (1.16% of turnover) down by 27.4% compared with 2007; net of non-recurrent provisions net profit of 14.5 million euro
  • Members appointed to the Board of Directors and the Board of Statutory Auditors
  • In order to ensure an adequate level of capitalization to face up to the current period, which is characterized both by uncertainties and by growth opportunities, the General Meeting resolved not to distribute dividends.
  • Treasury share purchase scheme renewed

Go to Press release 23.04.09

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Turnover of 973 million euro, up 19.6% compared with 2007

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Renewal of company positions, delegation of powers, appointments of internal Committees

Mario Carraro, Enrico Carraro and Carlo Borsari confirmed as Group's new Chairman, Deputy Chairman and Managing Director