The Board of Directors approves results for the first semester 2019

The Board of Directors approves the results for the first semester 2019

Net sales: € 243 million - € 266.5 million in first half 2018

EBITDA adjusted (*): € 31.1 million - € 38.3 million in first half 2018

EBIT: € 17.9 million - € 29.5 million in first half 2018

Consolidated net income: € 10.5 million - € 22.1 million in first half 2018

Net negative financial position: € 169.1 million, € 136.3 million excluding the effect of the accounting principle IFRS 16, (of which € 17.2 million of debts for future commitments relating to the purchase of residual minority interests), compared to € 117.4 million at 31 December 2018 and € 125.3 million at 30 June 2018.

 

Bagnolo in Piano (RE), 9 August 2019 - The Board of Directors of Emak S.p.A., (MTA– STAR), parent company of one of world major groups working in the sectors of outdoor power equipment, pumps and water jetting, and of the related components and accessories has approved the results for the first semester 2019.