Net sales for 1,306.6 million euro in the 2008 first quarter
07 may 2008 - h 08.30
Board of Directors examines results at March 31, 2008
- Consolidated revenues: 1,306.6 million euro (-4.5% yoy, +3.3% at constant size and exchange rates)
- Recurring ebitda: 260.9 million euro (-5.3%, -1.2% at constant size and exchange rates)
- Ebit: 157.5 million euro (-8.8%)
- Global net profit: 81.3 million euro (-12.4%)
- Investments in fixed assets: 257.6 million euro (+20.9%)
- Industrial re-organization in Italy: the grinding centers
acquired in the last 2 years to replace 7 smaller facilities
- Outlook: group confirms target of 2008 full-year operating results in line with 2007
Press release