The Board of Directors approves the draft Company Statutory Financial Statements and the Consolidated Financial Statements for the year 2019
Consolidated results
Revenues from sales € 434 million; € 452.8 million in 2018
EBITDA € 46.1 million (€ 46.9 million adjusted); € 49.4 million in 2018 (€ 50.8 million adjusted)
EBIT € 22 million; € 34 million in 2018
Consolidated net result € 13.1 million; € 25.6 million in 2018
Net negative financial position: € 146.9 million, € 116.5 million excluding the effect of the accounting principle IFRS 16, (of which € 15.9 million of debts for future commitments relating to the purchase of residual minority interests), compared to € 117.4 million at 31 December 2018.
During the same meeting the Board of Directors has:
- Approved the Report on Corporate Governance and Ownership Structure and Report on the policy regarding Remuneration and Fees paid
- Convened the Ordinary Shareholders’ Meeting
- Approved the reports and related deliberative proposals for the Shareholders' Meeting
- Approved the non‐financial Report as at December 31, 2019 pursuant to Legislative Decree n. 254/2016
