Net profit equal to Euro 0.5 million, Ebitda equal to Euro 0,55 million. Possible anticipation of the exit of Greenled Industry by 2015

  • Revenues amounted to € 3.1 million (€ 279.7 million for the Italeaf Group consolidated)
  • EBITDA equal to € 0.55 million (€ 18.05 million for the Italeaf Group consolidated)
  • EBIT amounted to € 0.03 million (€ 13.3 million for the Italeaf Group consolidated)
  • EBT equal to € 0.7 million (€ 6 million for the Italeaf Group consolidated)
  • Net profit amounted to € 0.5 million (€ 4.2 million for the Italeaf Group consolidated)
  • Shareholders’ Equity amounted to € 28 million (€ 80.3 million for the Italeaf Group consolidated)
  • NFP of € 8 million (€ 110.9 million for the Italeaf Group consolidated)
  • NAV equal to € 34.75 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 September, 2015.

Financial highlights*

As at September 30, 2015
in Euro  
 
Net revenues from sales and services 3,096,227
EBITDA 553,025
EBIT 33,195
EBT (Pre-tax result) 697,476
Net profit 517,459
 
Net working capital  (1,767,539)
Shareholders’ Equity 28,050,318
Total net financial position 17,806,518

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

 

The NAV of Italeaf amounted to Euro 34,75 million as at September 30, 2015 (Euro 36.3 million at December 31, 2014; -4.3%).

Notice is hereby given that in the period startups subsidiaries reported the following results:

– Greenled Industry Spa: revenues of around Euro 1.05 million and EBITDA of approximately EUR 0.26 million (EBITDA margin 25%);

– Skyrobotic Spa: revenues of around Euro 0.42 million and EBITDA of approximately 0,12 million (EBITDA margin 29.3%).

The CEO of Italeaf, Mr Nicola Romito, stated:

During this quarter, the NFP of the Group at consolidated level was further reduced, down to 11% compared with the end of 2014. This shows the attention both of Italeaf both TerniEnergia to achieving full financial sustainability. We also believe we can testify to the goodness of the company builder business model, through the first exit of one of the startups accelerated, anticipating the times already within this year”.

 

The Interim Report as at September 30, 2015 in full version and in English, attached to this press release, will be published on the Company’s website.

 

Press-release_INTREP3Q15_2015-10-30