Sol SpA reported consolidated earnings results for the fiscal year ended December 31, 2011. For the period, the Group reported total revenues of EUR 571,428,000 against EUR 534,041,000 a year ago. EBITDA was EUR 130,428,000 against EUR 123,632,000 a year ago. EBIT was EUR 59,577,000 against EUR 59,618,000 a year ago. PBT was EUR 49,771,000 against EUR 52,499,000 a year ago. Net profit from ongoing operations was EUR 32,039,000 against EUR 32,827,000 a year ago. Net profit was EUR 31,146,000 against EUR 31,880,000 a year ago. EPS was EUR 0.343 against EUR 0.351 a year ago. The capital expenditures of the Group were EUR 84.7 million (CAPEX 15.2%) and the operating consolidated cash flow amounted to EUR 97.0 million. The total net debt was EUR 174.4 million, increased by EUR 13.1 million as on December 31, 2010, due to the investments realized and to the increase of working capital. The net debt /equity ratio was equal to 46.0% and the cash flow cover ratio was equal to 1.34. The growth of EBITDA of 5.5% on 2010 was due efficiency in production and distribution costs, although the energy and raw material costs restarted to grow. At the upcoming Shareholders' meeting, called for May 10, 2012 in Monza, the company's Board of Directors will propose distribution of a dividend of EUR 0.10 per ordinary share compared to EUR 0.095 in 2010. The dividend is to be paid since May 24, 2012.