Sol SpA reported earnings results for the year ended December 31, 2012. For the period, the company reported net revenue of EUR 582,968,000 compared with EUR 555,711,000 for the same period last year. Total revenues were EUR 599,258,000 compared with EUR 571,428,000 for the same period last year. EBITDA was EUR 132,215,000 compared with EUR 130,428,000 for the same period last year. EBIT was EUR 56,466,000 compared with EUR 59,577,000 for the same period last year. PBT was EUR 46,510,000 compared with EUR 49,771,000 for the same period last year. Net profit was EUR 29,027,000 or EUR 0.320 per share compared with EUR 31,146,000 or EUR 0.343 per share for the same period last year. EBIT was equal to 9.7% on sales due to provisions and non recurring charges for EUR 7.2 million and the increase of depreciation for EUR 3.5 million due to the continual investments program. The capital expenditures of the Group were EUR 85.4 million (CAPEX 14.7%) and the operating consolidated cash flow amounted to EUR 98.5 million. The total net debt was EUR 195.3 million, increased by EUR 20.9 million against 12/31/2011, due to the investments and acquisitions realized.

At the upcoming Shareholders' meeting, called for May 13, 2013 in Monza, the company's Board of Directors will propose distribution of a dividend of EUR 0.10 per ordinary share (equal to 2011), to be paid since May 23, 2012.