Damiani S.p.A. reported Interim Management results for the nine months ended December 2015. For the period, the group achieved revenues from sales and services of EUR 121.0 million, a rise of 4.8% compared to the EUR 115.4 million recorded in the same period of the previous financial year. The operating performance has benefited not only from the growth in the turnover but also from non-recurring net income in the first nine months of the 2015/2016 financial year.

This determined a consolidated EBITDA of EUR 19.9 million and consolidated operating result of EUR 13.6 million for the Damiani group. The consolidated net profit for the group in the first nine months of the 2015/2016 financial year was positive at EUR 6.5 million. At 31 December 2015, the group had net debt of EUR 51.6 million.