The Board of Directors approved the results as at 31 March, 2015. EBT equal to Euro 1 million, Net profit equal to Euro 0,7 million. Investment in startups for Euro 0,4 million

  • Revenues amounted to € 0,8 million (€ 70 for the Italeaf Group consolidated)
  • EBITDA equal to € -0,2 million (€ 6,2 million for the Italeaf Group consolidated)
  • EBIT amounted to € -3,6 million (€ 4,7 million for the Italeaf Group consolidated)
  • EBT equal to € 1 million (€ 2,6 million for the Italeaf Group consolidated)
  • Net profit amounted to € 0,7 million (€ 1,9 million for the Italeaf Group consolidated)
  • Shareholders’ Equity amounted to € 29,5 million (€ 80,7 milioni for the Italeaf Group consolidated)
  • NFP of € 17, 6 million (€ 125,2 for the Italeaf Group consolidated)
  • NAV equal to € 41 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 31 March, 2015.

Financial highlights*

As at 31 March, 2015
in Euro
Net revenues from sales and services 777,380
EBITDA (218,738)
EBIT (359,773)
EBT (Pre-tax result) 1,002,930
Net profit 708,695
 
Net working capital  (104,228)
Shareholders’ Equity 29,477,074
Total net financial position 17,593,666

*Separated Interim Report prepared in accordance with accounting principles ITALIAN GAAP

 

The NAV of Italeaf amounted to Euro 41 million at 31 March 2015 (Euro 36.3 million at December 31, 2014; + 13%).

The investments for the development and the growth of the startup companies in the period was approximately equal to Euro 0,4 million and dedicated to Skyrobotic Spa and Greenled Industry Spa.

The CEO of Italeaf, Mr Nicola Romito, stated:

We are pleased with our results in the first quarter, which are in line with the forecasts of the strategic development plan of the company, aimed at consolidation of the company builder activity. There are, therefore, all the conditions to achieve the targets that Italeaf has fixed with a three-year perspective, also because of the opportunity to create value from the return of investments in startups. Goes in this direction the investment of approximately Euro 0.4 million made during the period to support the development of manufacturing initiatives in growing stage”.

The Interim Report as at March 31, 2015 in full version and in English, attached to this press release, will be published on the Company’s website.

Press-release_INTREP_2015-05-25