Fourth quarter: best performance of the year
Total revenue of € 136.4 million (+13.5% vs Q3) and record profitability
•Positive Q4: total revenue at €136.4 million, an increase of 13.5% from € 120.1 million of Q3
2016, in line with Q4 2015. EBITDA at € 16.4 million, with an increase of 8.5% from € 15.1
million of 2015.
•Full year EBITDA at €39.9 million, with a decrease of 21.0% from € 50.5 million in 2015 (-15,5%
net of exchange rate effect)
•Net profit of €1.5 million, decreasing from €6.4 million in the previous year
•Net financial position almost stable at €145.9 million, mainly due to the working capital
optimization and the decrease of capital expenditure.
For more information please see Press Relase Maccaferri Q4