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14.11.2013

Q3 2013 Results

The Board of Directors of the holding company, Boero Bartolomeo S.p.A., approved the results at the end of the 3rd quarter 2013: in the period January-September consolidated revenues came to 71,7 million euro versus 68,7 million euro in 2012 (proforma figure, evaluated for comparing homogeneous data after the sale of 70% of Boat S.p.A. in 2012). EBIT at 5,4 million euro was significantly improving with respect to the 2012 proforma figure, which showed a substantial breakeven, also thanks to the non-recurring revenues of 2,4 million euro, while net income for the first nine months of 2013 was 2,5 million euro versus the 2012 proforma figure of -1,1 million euro. The net financial position at -42,9 million euro on 30th September 2013 was improving compared to -48,1 million euro proforma on 30th September 2012. For further info (only Italian): www.boerobartolomeo.it