Interim financial statement for the period ending on 30th of September 2017
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 September 2017 .
Total revenue for the nine month of the year was € 352 million, increased compared to the same period of previous year, equal to € 329,1 million (including a positive exchange rate effect of about € 3,3 million). This increase was mainly driven by EMEA, Nafta and APAC.
EBITDA of the nine month of the year was € 23 million, in line with previous year net of exchange rate effect. The EBITDA margin percentage on total revenue is of 6.5% slightly lower than 2016 of 7.1 % because of the different mix of products sold, but higher than the first six month of 2017 equals to 5%.
Total revenue of Q3 2017 was € 121,2 million higher than Q3 2016 equal to € 120,1 million. The EBITDA of the third quarter of 2017 decreased to € 11,4 million from € 12,4 million of the same period of previous year.
For more information please see Press Release Maccaferri Q3.