Isagro S.p.A. reported consolidated earnings results for the nine months ended September 30, 2018. For the period, the company reported EBITDA of €12,683,000, EBIT of €5,557,000, profit before tax of €4,624,000 and net profit of €2,643,000 on revenues of €115,209,000 against EBITDA of €10,468,000, EBIT of €3,511,000, result before tax of €3,418,000 and net profit of €1,460,000 on revenues of €112,130,000 reported for the same period a year ago. Net result from continuing operations was €2,643,000 against €1,460,000 a year ago.

In the current year, fourth quarter sales are estimated to increase compared to those of the same period of 2017, with the Agropharma & Services revenues "gap" as at September 30th expected to be recovered at year-end and a 2018 full year net result slightly improving against 2017.

For 2019-2020, the company forecasts a sales growth in Asia and South America, with improvements of margins and a P&L situation in line with the one of the last few years.

As for 2021, the company confirms its target of around €200 million revenues at a consolidated level through organic growth and acquisitions, based on the implementation of its Strategic Guidelines.