Interim financial statement has been approved the i for the period ending on 30th of June 2017
H1 revenue rising: +10,4% vs H1 2016 (total revenue of € 230,8 million)
The Board of Officine Maccaferri S.p.A. (Maccaferri Group), chaired by Alessandro Maccaferri, has approved the interim financial statement for the period ending on 30th of June 2017.
Total revenue for the first half of the year was € 230,8 million, increased compared to the same period of previous year, equal to € 209,0 million (including a positive fx effect of about € 6 million). This increase was mainly driven by EMEA, Italy and APAC. In general, all region have performed positively.
EBITDA of the first half was € 11,6 million, slightly higher than the first half of 2016 of about € 11,1 million. The EBITDA margin percentage on total revenue is of 5% slightly lower than 2016 of 5,3 % because of the different mix of products sold. Net of fx effect EBITDA of the first half was € 11,9 million.
Total revenue of Q2 2017 was € 123,7 million higher than Q2 2016 equal to € 113,5 million. The EBITDA of the second quarter of 2017 increased to € 9,6 million from € 8,6 million of the same period of previous year.
For more information please see Press Release Maccaferri Q2