BoD approves 2015 consolidated resutls and dividend proposal

The Board of Directors approves the 2015 consolidated financial statement

 

Proposed a dividend of € 0.025 per share

 

 

Sales at € 381.6 million - € 354.8 million in 2014

 

EBITDA at € 35.8 million (normalized € 37.5 million) - € 31.5 million in 2014 (normalized € 33.1 million)

 

EBIT at € 23.3 million - € 20 million in 2014

 

Consolidated net profit at € 9 million - € 10.2 million in 2014, negatively affected by exchange rate differences from the valuation of intercompany loans to the Brazilian subsidiaries

 

Net negative financial position at € 99.4 million, of which € 14.8 million or commitments for the

purchase of the remaining shares held by minority

 

 

Bagnolo in Piano (RE), 11 March 2016 - 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 consolidated results for 2015.