Emak S.p.A. Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2018
Emak S.p.A. reported consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported, revenues from sales of EUR 131,166,000 compared to EUR 119,204,000 a year ago. Operating profit of EUR 13,676,000 compared to EUR 14,241,000 a year ago. Profit before taxes was EUR 14,662,000 compared to EUR 13,177,000 a year ago. Net profit was EUR 11,180,000 compared to EUR 9,250,000 a year ago. Net profit attributable to the Group was EUR 11,121,000 compared to EUR 9,125,000 a year ago. Diluted earnings per share were EUR 0.068 compared to EUR 0.056 per share a year ago. EBITDA was EUR 17,274,000 compared to EUR 17,291,000 a year ago. Net debt was EUR 139,758,000 against EUR 125,294,000 a year ago. EBITDA adjusted was EUR 18.1 million.