Elica SpA reported consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, revenue was EUR 118,465,000 against EUR 103,326,000 a year ago. Operating profit ­ EBIT was EUR 3,632,000 against EUR 2,617,000 a year ago. Adjusted EBIT was EUR 3,832,000 compared to EUR 2,666,000 a year ago. EBITDA was EUR 8,761,000 against EUR 7,080,000 a year ago. Adjusted EBITDA was EUR 8,961,000 compared to EUR 7,129,000 a year ago. Profit was EUR 969,000 compared to EUR 851,000 a year ago. Adjusted profit was EUR 1,113,000 compared to EUR 887,000 a year ago. Profit attributable to the owners of the parent was EUR 944,000 compared to EUR 687,000 a year ago. Adjusted Profit attributable to the owners of the parent was EUR 1,088,000 compared to EUR 723,000 a year ago. Earnings per share were 1.52 cents compared to 1.11 cents a year ago. Net financial debt was EUR 69.5 million, increasing on EUR 60.8 million at December 31, 2016 and EUR 62.0 million at March 31, 2016, principally due to accelerated investment in the quarter and in line with business seasonality.