Landi Renzo S.P.A. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Year 2014
For the second quarter, the company reported revenues of EUR 64.247 million. EBITDA was EUR 6.130 million. EBIT of EUR 2.376 million. Group and minority interest net profit of EUR 0.631 million.
The company provided earnings guidance for the year 2014. The company expects to generate EUR 230 to EUR 250 million in revenues and an EBITDA margin between 7% and 9%.