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.