Growth in all indicators:

Revenues at €174.7 mn (+7.1%)
Ebitda at €19.3 mn (+30.4%)
Ebit at €14.5 mn (+71.1%)
Ebt at €13.2 mn (+77.6%)

The Board of Directors of Engineering Ingegneria Informatica SpA approved today third quarter 2010 results, characterized by a growth in revenues and profitability margins of the Group.
During the third quarter 2010 revenues came in at €174.7 mn (+7.1% on pro-forma results 2009), Ebitda at €19.3 mn (+30.4%), Ebit at €14.5 mn (+71.1%). Profit before tax registered an amount of 13.2 mn with an increase of 77.6%.
During the first 9 months of 2010, consolidated revenues reached €533.8 mn, +5% on the same period 2009.Ebitda also increased, registering an amount of €57.6 mn (+5.9%) and Ebit came in at 42.7 mn, (+13.2% yoy).
At 30 September 2010, acquired orders increased by 5.3% reaching €489.5 mn, while backlog reached €400.5 mn, + 6.2%. Net financial position came in at €49.3 mn (€ -40.7 mn at 30 June 2010), in line with the results on yearly basis (€ -49.8 mn at 30 Sept. 2009).
Given these results, Engineering' top management confirmed year-end estimates: total revenues between €730 mn and €760 mn, Ebitda between €84 mn and €88 mn.
The Board has also approved the procedure of transparency and fairness with correlated parties, according to the discipline adopted by Consob thru resolutions n.17221/10 and n.17389/10. The full text of the procedure will be published on the website of the company (www.eng.it) within the prescribed times.
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