Axélero S.p.A. Announces Consolidated and Parent Earnings Results for the Year 2016
axélero S.p.A. announced consolidated and parent earnings results for the year 2016. For the period, on consolidated basis the company reported value of production of EUR 45,976,000 against EUR 20,004,000 a year ago. EBITDA was EUR 8,326,000 against EUR 4,792,000 a year ago. EBIT was EUR 2,761,000 against EUR 1,702,000 a year ago. Profit before taxes was EUR 2,529,000 against EUR 1,549,000 a year ago. Group net profit was EUR 1,323,000 against EUR 1,234,000 a year ago. Cash outflow from operating activities was EUR 21,172,000 against EUR 9,053,000 a year ago. Net Financial Debt of EUR 19 million at December 31, 2016.
For the period, the parent company reported value of production of EUR 45,939,000 against EUR 15,791,000 a year ago. EBITDA was EUR 8,422,000 against EUR 1,954,000 a year ago. EBIT was EUR 2,860,000 against EUR 635,000 a year ago. Profit before taxes was EUR 2,446,000 against EUR 638,000 a year ago. Group net profit was EUR 1,204,000 against EUR 728,000 a year ago. Cash outflow from operating activities was EUR 24,805,000 against EUR 9,869,000 a year ago.