Board of Directors approves results for first quarter 2009

Turnover and margins strongly affected by a further slowdown in demand in the Group's main reference markets, continuing the already severe trend evident in late 2008

  • Consolidated turnover was 139.9 million euro (237.5 mln euro in the first quarter 2008)
  • EBITDA was 142,000 euro (18.9 mln euro in the first quarter 2008)
  • Negative EBIT of 8.1 million euro (10.7 mln euro in the first quarter 2008)
  • Net loss of 5.9 million euro (net profit of 2.9 mln euro in the first quarter 2008)
  • Net financial position showed net debts of 221.4 million euro (216.5 mln euro at December 31, 2008)
  • Investments confirmed for development and growing market share in the second part of the year

Go to Press release 14.05.09

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