PRESS RELEASE 31 AGUST 2018
ITALEAF: the Board of Directors approves half year financial report as at June 30, 2018. NAV equal to Euro 19 million. Ebitda increased of 12.2%. Net Result amounted to Euro -0.2 million
- Revenues amounted to € 1.5 million (€ 10.9 million for the Italeaf Group consolidated)
- EBITDA equal to € 0.5 million (€ 0.5 million for the Italeaf Group consolidated)
- EBIT amounted to € 0.25 million (€ -2.2 million for the Italeaf Group consolidated)
- EBT equal to € -0.2 million (€ -4.4 million for the Italeaf Group consolidated)
- Net Result amounted to € -0.2 million (€ -3.9 million for the Italeaf Group consolidated)
- Shareholders' Equity amounted to € 27.7 million (€ 22.6 million for the Italeaf Group consolidated)
- NFP of € 17.4 million (€ 77,8 million for the Italeaf Group consolidated)
The board of directors of Italeaf , holding company and first Italian company builder active in cleantech and smart innovation sectors, listed on on NASDAQ OMX First North, has approved today the interim report as at 30 June, 2018.
Financial highlights*
| As at June 30, 2018 | As at June 30, 2017 | Change % | |
| in Euro | |||
| Revenues from sales and services | 1,447,528 | 1,870,789 | -22.6% |
| EBITDA | 529,616 | 471,846 | +12.2% |
| EBIT | 246,145 | 165,820 | +48.4% |
| EBT | (209,137) | (274,377) | +23.8% |
| Net profit/(loss) | (147,269) | (177,433) | +17% |
| As at December 31, 2017 | |||
| Shareholders' equity | 27,656,697 | 27,803,967 | -0.5% |
| Total net financial debt | 17,369,422 | 16,878,275 | +2.9% |
*Separated Interim Report prepared in accordance with accounting principles ITALIAN GAAP
The NAV of Italeaf amounted to Euro 19 million as at June 30, 2018.
The Interim Report as at June 30, 2018 in full version and in English will be published on the Company's website and on Nasdaq Inpublic in attachment.
This press release is also available on the Company website: www.italeaf.com
Italeaf SpA is obliged to make public this information pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 13.00 CET on 31 July 2018.
Certified Adviser Mangold Fondkommission AB, +46 (0)8 5030 1550, is the Certified Adviser of Italeaf SpA on Nasdaq First North. For further information please contact: Claudio Borgna CFO - Italeaf S.p.A. E-mail: borgna@italeaf.com
Italeaf SpA, established in December 2010, is a holding company and a business accelerator for companies and startups in the areas of innovation and cleantech. Italeaf operates as a company builder, promoting the creation and development of industrial startups in the fields of cleantech, smart energy and technological innovation. Italeaf has headquarters and plants in Italy at Nera Montoro (Narni), Terni, Milano and Lecce; has international offices in London and Hong Kong. The company controls the smart energy company TerniEnergia, listed on the MTA of the Italian Stock Exchange, Skyrobotic, active in the business development and manufacture of civil and commercial drones in mini and micro classes for the professional market, Numanova, operating in the field of innovative metallurgy and additive manufacturing, and Italeaf RE, a real estate company. Italeaf holds, among others, a minority stake in Vitruviano LAB, a research center active in the R&D sector for special materials, green chemistry, digital transformation and cleantech.
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