The Board of Directors approves results for the first nine months 2019

The Board of Directors approves consolidated results at 30 September 2019

 

Net sales of the third quarter: € 93.9 million - € 88.7 million in the same period 2018

Net sales of the first nine months: € 337 million - € 355.1 million in first nine months 2018

EBITDA adjusted (*): € 39.2 million - € 45.5 million in first nine months 2018

EBIT: € 20.4 million - € 33.1 million in first nine months 2018

Consolidated net income: € 11.6 million - € 23.3 million in first nine months 2018

Net negative financial position: € 164.4 million, € 133 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 € 117.4 million at 30 September 2018.

 

Bagnolo in Piano (RE), 14 November 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 nine months 2019.

Downloadable Documents

Emak_press_results 9M 19