The Board of Directors approves the Interim Report for the first quarter of
2017
• Consolidated revenues equal to Euro 9.42 million (an increase of 6.9% compared
to the Euro 8.81 million for the same period of 2016);
• Consolidated EBITDA equal to Euro to 2.28 million (9.2% up from the Euro 2.09
million for the same period of 2016);
• Group profit equal to Euro 1.54 million (14.1% up from the Euro 1.35 million for
the same period of 2016);
• Group net financial position positive and equal to Euro 7.8 million (Euro 7.1
million at year-end 2016).
Bagno a Ripoli (Fi), 12 May 2017 - The Board of Directors of B&C Speakers S.p.A., one of
the foremost international players in the design, manufacture, distribution and marketing
of professional electro-acoustic transducers, approved the Interim Report of the group for
the first quarter of 2017 in accordance with IFRS international accounting standards.
Consolidated revenues in the first quarter of 2017 totalled Euro 9.41 million, signalling in
growth (+26.9%) compared to the corresponding period in 2016 when the figure was Euro
8.62 million. This result has been achieved thanks to a good performance in all most
important markets, the IQ 2017 Turnover represents the best quarterly result ever.
During the period the Group increased its presence on the Asian market (+65% with sales
of € 1.5 million) and the European market (+5% with sales of € 4.6 million).
In the first three months of the year, the Domestic market saw a significant drop in
revenue (-29% with sales at 0.6 million of Euro), it only represents a percentage of 7% of
the Group Turnover.
The Americans market achieved both a slightly increase in respect to the IQ 2016, North
America showed sales at 2 million Euro and South America at 0.5 million (both area grew
by 2% in respect to the same period of 2016).
As at 31 March 2017, the order book of the parent company amounted to Euro 8.2
million, while at the end of the first quarter of 2016 the figure was Euro 8.9 million.
Supply of raw and ancillary materials and goods for resale
Cost of sales during the first three months of 2017 had a slightly decreased impact on
revenues compared to the first three months of 2016, passing from 58.47% to 57.52%.

B&C Speakers S.p.A. published this content on 12 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 12 May 2017 13:59:19 UTC.

Original documenthttp://www.bcspeakers.com/media/W1siZiIsIjIwMTcvMDUvMTIvMTVfNDZfMzdfNDA3X0VOR19CQ1NwZWFrZXJzX0NkQV8xMl9tYWdnaW9fMjAxNy5wZGYiXV0/ENG%20-%20BCSpeakers_CdA_12%20maggio%202017.pdf

Public permalinkhttp://www.publicnow.com/view/63D8C84C811D1B168E2F6E7AE32AF8019CAF7AFE