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Approved the Financial Report as of 31st December 2017

The Consolidated Financial Statements of the Biesse Group for the year to 31 December 2017 show the following results:

  • Net Revenues of Euro 690.1 million (+11.6% compared to full-year 2016)

  • Value Added of Euro 288.6 million (+14.3% compared to full-year 2016)

  • EBITDA (before non-recurring items) of Euro 89.5 million (+17.9% compared to full-year 2016)
    EBITDA (after non-recurring items) of Euro 87.6 million (+17.5% compared to full-year 2016)

  • EBIT (before non-recurring items) of Euro 66.9 million (+18.7% compared to full-year 2016)
    EBIT (after non-recurring items) of Euro 63.6 million (+15.5% compared to full-year 2016)

  • Pre-tax profit of Euro 60.7 million (+15.9% compared to full-year 2016)

  • Net profit of Euro 42.7 million (+45.1% compared to full-year 2016) – tax rate 29.6%

Net Financial Position:

At 31 December 2017, the Group’s Net Financial Position was positive for Euro 30.4 million representing an
improvement of Euro 26.4 million compared to 31 December 2016.

More info: bsse.group/57a6f

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