Servizi Italia S.P.A. Reports Consolidated Earnings Results for the Six Months Ended June 30, 2017
Servizi Italia S.p.A. reported consolidated earnings results for the six months ended June 30, 2017. For the six months, the company reported sales revenues of €125,333,000 against €115,483,000 a year ago. Operating profit was €7,991,000 against €9,215,000 a year ago. Profit before tax was €8,840,000 against €9,085,000 a year ago. Profit for the period attributable to shareholders of the parent was €7,021,000 against €7,182,000 a year ago. Diluted earnings per share were €0.22 against €0.23 a year ago. Cash flow generated by operations was €29,150,000 against €26,451,000 a year ago. Net cash flow generated from investment activities in intangible assets was €120,000 against €297,000 a year ago. Net cash flow generated from investment activities in property, plant and equipment was €22,954,000 against €19,297,000 a year ago.