28 August 2012 11:39

Results presentation as at 30 June 2012

In first half 2012, revenue from core business rose despite the persistent drop in consumption and the difficult financial environment:
  • Revenue from core business: €61.5 million (€59.2 million in first half 2011, with an increase of 3.9%)
  • Like-for-like revenue in Italy: €50.8 million (€50.2 million in first half 2011, with an with an increase of 1.2%)
  • Core business EBITDA: €43.1 million (€43.6 million in first half 2011)
  • The Group’s portion of net profit: €8.3 million; down with respect to first half 2011 (€30.2 million) due primarily to the impact of property writedowns and fair value adjustments
  • Net financial debt: unchanged at €1.095 billion (versus €1.094 billion at 31 December 2011)
  • Gearing ratio: 1.39 (compared to €1.38 at 31 December 2011)