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Financial results

1Q 2019 consolidated results

Consolidated Income Statement Data
(Thousands of euro)

March 31, 2019

March 31, 2018
Total net sales 43,099 37,575
Gross profit 18,188 16,067
% on sales 42.2% 42.8%
Operating income 4,640 4,176
% on sales 10.8% 11.1%
EBITDA 6,577 6,073
% on sales 15.3% 16.2%
Net income (loss) from continued operations 3,178 1,865
% on sales 7.4% 5.0%
Income (loss) from discontinued operations 0 7,018
% on sales 0.0% 18.7%
Group net income 3,178 8,883
% on sales 7.4% 23.6%
 
Consolidated Balance Sheet Data
(Thousands of euro) March 31, 2019 December 31, 2018
Group shareholders' equity 346,821 341,220
Net financial position 224,095 223,310

INCREASE IN REVENUES (+14.7%) AND IMPROVEMENT OF NET INCOME FROM CONTINUED OPERATIONS

Consolidated revenues equal to €43.1 million, up by 14.7% compared to €37.6 million in 1Q 2018

Total revenues of the Group equal to €46 million compared to €40.5 million in 1Q 2018 (+13.5%)

Consolidated gross profit equal to €18.2 million compared to €16.1 million in 1Q 2018 (+13.2%)

Consolidated operating income equal to €4.7 million compared to €4.2 million in 1Q 2018 (+11.1%)

Consolidated EBITDA equal to €6.6 million (15.3% of consolidated revenues) compared to €6.1 million in 1Q 2018 (16.2% of consolidated revenues)

Consolidated net income from continued operations equal to €3.2 million, strongly increased compared to €1.9 million in 1Q 2018

Consolidated net financial position positive and equal to €224.1 million as at March 31, 2019

Financial results

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