Eurotech: Board Of Directors approves Consolidated Half-Year Results at 30 June 2016

*Consolidated revenues: from €30.17 million to €28.44 million
*Consolidated gross profit: from €15.14 million to €14.23 million
*Consolidated EBITDA: from -€2.55 million to -€0.47 million
*Consolidated EBIT: from -€5.24 million to -€3.00 million
*Consolidated pre-tax result: from -€4.86 million to -€3.07 million
*Group net result: from -€4.50 million to -€2.81 million
*Net financial debt: €0.99 million
*Shareholders' equity pertaining to the Group: €109.70 million

The Board of Directors of Eurotech S.p.A. examined and approved the results of the first half of 2016 today.

During 2016, Eurotech received a large number of awards and finalised several agreements with qualified international partners as demonstration that the investments made in the various strategic areas in which the Group operates last year and this year are important for future growth and the right path to follow.

If on the one hand the Group strengthens its positions in the embedded computing world by keeping up innovation in the traditional high performances and low power boards and sub-systems business, on the other development of the IoT platform is generating important results, above all in terms of alliances directed at business and a high market positioning.