The Board of Directors approved the results as of September 30th, 2014. Net profit Euro 5,7 million (€ -0,1 million as at September 30, 2013)

  • Revenues amounted to € 33,6 million (€ 3,2 million as at September 30, 2013)
  • EBITDA amounted to € 15,1 million (€ 1,1 million as at September 30, 2013)
  • EBIT increased to € 7,7 million (€ 0,6 million as at September 30, 2013)
  • Ebitda Margin 45,2% (34,8% as at September 30, 2013)
  • Net working capital amounted to € 35,6 million
  • Shareholders’ Equity increased to € 62,3 million (€ 19,4 million as at September 30, 2013)
  • NFP of € 174,1 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 of September 30, 2014.

Financial highlights*

 

 (in Euro)

 

Nine months ended 30 September 2014 Nine months ended 30 September 2013 Change   Change % 
 Net revenues from sales and services 33,586,522 3,254,093 30,332,429 n.a.
 EBITDA 15,173,542 1,132,453 14,041,090 n.a.
 EBIT 7,707,611 573,772 7,133,839 n.a.
 Net profit for the period   5,677,018 (134,505) 5,811,523 n.a.
 

 (In Euro)

 

ConsolitatedAs at September, 30

2014

ConsolitatedAs at December, 31

2013

Change Change %
 Net working capital  35,674,668 (70,745) 35,745,413 n.a.
 Shareholders’ Equity 62,287,385 19,410,220 42,877,165 n.a.
 Total net financial position 174,102,897 1,922,118 172,180,778 n.a.

 *The data consolidated till September 30st 2014 include the economic results of TerniEnergia Group, that, starting from the date of effectiveness for the division of Terni Research in Italeaf, it has entered into the perimeter of consolidation of the Italeaf Group.

The CEO of Italeaf, Ms Monica Federici, stated:

In the third quarter we took strides forward in our main company builder development projects. In particular, we are ready to start the industrialization activity for Skyrobotic, active in the development and production of small and micro drones for civil and commercial use, and to improve the strategic guidelines for the international growth of Wisave, that has completed the prototyping of its smart device for the thermal control in the internet of things field. With the strategic repositioning of TerniEnergia Group, following the acquisition of Free Energia and the business development in the areas of energy management and the energy efficiency, Italeaf will benefit from the new market opportunities of the “smart energy company” in highly competitive fields.  We are confident that this strategic approach is appropriate to produce positive effects regardind the industrial and financial results in the current context, helping to consolidate the positive end of the year”.

The Financial Statements will be published on the Company’s website.

Press Release_INTERIMREPORT-2014-11-28