GEFRAN S.P.A. On the agenda was the examination by the directors of the Group's preliminary consolidated results, which - as anticipated in the previous quarters - largely exceed the group's targets for the year just ended.
In fact, revenues amounted to EUR 128.6 million, up 7.8% compared to EUR 118.6 million in 2016. EBITDA reached 14.8% on turnover, and compares with an EBITDA margin of 9.5% in 2016. EBIT reached 8.7% on turnover (It 4.3% in 2016).
The excellent performance of the group is mainly related to the increase in revenues and to the product mix, where sensors grew by over 16%.
Approval of the draft financial statements and consolidated financial statements is set for 13 March 2018.
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Original documenthttp://www.gefran.com/en/news/185-gefran-s-p-a-preliminary-consolidated-results-to-31-december-2017
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