The Board of Directors approved the results as at 30 June, 2015. EBT equal to Euro 0.8 million, Net profit equal to Euro 0,6 million. Significant results for the startups Greenled Industry and Skyrobotic
- Revenues amounted to € 2 million (€ 152.8 million for the Italeaf Group consolidated)
- EBITDA equal to € 0.3 million (€ 12.1 million for the Italeaf Group consolidated)
- EBIT amounted to € -0.03 million (€ 8.9 million for the Italeaf Group consolidated)
- EBT equal to € 0.8 million (€ 3.9 million for the Italeaf Group consolidated)
- Net profit amounted to € 0.6 million (€ 2.4 million for the Italeaf Group consolidated)
- Shareholders’ Equity amounted to € 1 million (€ 79.9 million for the Italeaf Group consolidated)
- NFP of € 2 million (€ 121 million for the Italeaf Group consolidated)
- NAV equal to € 37.3 million
The board of directors of Italeaf, holding company and first Italian company builder active in cleantech and smart innovation sectors, listed on on NASDAQ OMX First North, has approved today the interim report as at 30 June, 2015.
Financial highlights*
| As at June 30, 2015 | ||
| in Euro | ||
| Net revenues from sales and services | 2,068,392 | |
| EBITDA | 310,595 | |
| EBIT | (35,163) | |
| EBT (Pre-tax result) | 810,092 | |
| Net profit | 608,218 | |
| Net working capital | (1,567,671) | |
| Shareholders’ Equity | 28,141,077 | |
| Total net financial position | 17,258,234 |
*Separated Interim Report prepared in accordance with accounting principles ITALIAN GAAP
The NAV of Italeaf amounted to Euro 37.3 million as at June 30, 2015 (Euro 36.3 million at December 31, 2014; + 2.8%).
Notice is hereby given that in the period startups subsidiaries reported the following results:
– Greenled Industry Spa: revenues of around Euro 0.75 million and EBITDA of approximately EUR 0.2 million (EBITDA margin 26.7%);
– Skyrobotic Spa: revenues of around Euro 0.32 million and EBITDA of approximately 0, 1 million (EBITDA margin 32.9%);
– Wisave Srl: selected among the 10 finalists out of over 900 participants of the Unicredit Startlab Cleantech contest, starting the installation of a pilot plant at the Science and Technology Park in Hong Kong.
The CEO of Italeaf, Mr Nicola Romito, stated:
“The first half results confirm the expected improvement in the profitability of TerniEnergia, the main Group companies, but also the achievement of significant expected growth targets for Greenled and Skyrobotic, coherent with the times and the ways specified in the paths of valorisation already envisaged in the plan. The income and financial dynamics expected and planned in the coming months for the Italeaf’s group companies will favor, for the full year 2015, the improvement in results already purchases in the first half of the year. These findings confirm the value of an industrial platform with a solid capital base, characterized by an innovative and sustainable model for “direct” investments in industrial initiatives with high growth potential”.
