Board of Directors of Emak S.p.A.
Approved consolidated results for the first quarter 2020
Revenues from sales: € 118 million compared to € 122.4 million in the first quarter 2019.
EBITDA: € 13.9 million compared to € 14.1 million in the first quarter 2019.
EBIT: € 8.4 million compared to € 9 million in the first quarter 2019.
Consolidated net income: € 3.8 million compared to € 6.1 million in the first quarter 2019.
Net negative financial position: € 180.7 million compared to € 164.4 million at 31 March 2019 and € 146.9 million at 31 December 2019.
Approved exercise of Put option on 30% of the Cifarelli shareholding
