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BoD approves results at September 30, 2016

maccaferri

Has been approved the interim financial statement for the period ending on 30th of September 2016

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 2016.

The quarter just closed showed results in line with the same period of the previous year and a significant improvement compared to the first two quarters of the year. During the third quarter, Officine Maccaferri has acquired important projects in Latin America and China, for a total value close to € 30 million, to be completed by the end of 2016.

The total revenue for the third quarter was € 120,1 million, increasing compared to the second quarter, equal to € 113,5 million, and the first quarter, equal to € 95.5 million. The total revenue for the first nine months of this year was € 329,1 million and remains lower than the same period of 2015 for € 38.1 million (less than € 16.1 million not considering the negative exchange rate effect).

For more information please see Press Relase Maccaferri Q3

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