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Gefran — Earnings Release 2015
Feb 11, 2016
4059_10-k_2016-02-11_88d78801-3190-4fdd-b130-07c8f092fdce.pdf
Earnings Release
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| Informazione Regolamentata n. 0136-7-2016 |
Data/Ora Ricezione 11 Febbraio 2016 12:44:26 |
MTA - Star | |
|---|---|---|---|
| Societa' | : | GEFRAN | |
| Identificativo Informazione Regolamentata |
: | 69395 | |
| Nome utilizzatore | : | GEFRANN02 - FRANCESCHETTI | |
| Tipologia | : | IRAG 06; IROS 01 | |
| Data/Ora Ricezione | : | 11 Febbraio 2016 12:44:26 | |
| Data/Ora Inizio Diffusione presunta |
: | 11 Febbraio 2016 12:59:27 | |
| Oggetto | : | Gefran S.p.A. preliminary consolidated results to 31 December 2015 |
|
| Testo del comunicato |
Vedi allegato.
Gefran S.p.A. preliminary consolidated results to 31 December 2015
Provaglio d'Iseo (BS), 11 February 2016 – The Board of Directors of GEFRAN S.p.A. met today under the chairmanship of Ennio Franceschetti at the Company's headquarters in Provaglio d'Iseo (BS).
On the agenda was the examination by the directors of the Group's preliminary consolidated results, reported below.
Revenues came in at EUR 115.3 million for the year ending 31 December 2015, down 11% compared with 2014, in line with what anticipated in November. The result was affected by the performance of the Chinese market, where Gefran recorded a decrease of 38%.
The EBITDA margin was 4.9%: Group profitability was impacted by the trend in revenues.
Net debt came out at EUR 24.9 million, an improvement of approximately EUR 2.7 million compared with 31 December 2014, when it was EUR 27.6 million.
The agreement to sell the photovoltaic business to Indian group Rishabh is being finalised.
Finally, the Group continues to implement restructuring measures, and the activities provided for by regulations governing the redundancy procedure in Gefran S.p.A.: the company has announced 65 redundancies.
Approval of the draft financial statements and consolidated financial statements is set for 10 March 2016.
The Gefran Group operates directly on the main international markets, through sales branches in Italy, France, Germany, Switzerland, the UK, Belgium, Spain, Turkey, the US, Brazil, China, Singapore, India, and through manufacturing branches also in Germany, Switzerland, Brazil, the US and China. The Gefran Group currently has more than 850 employees.
The key factors behind Gefran's success are specialist know-how, design and production flexibility, capacity for innovation and the quality of its processes and products. Absolute control of process technology and application knowhow also enable Gefran to produce instruments and integrated systems for specific applications in a variety of industrial sectors, including the processing of plastics, the food and pharmaceutical industries, packaging and die casting machines.
Gefran has been listed on the Italian Stock Exchange since 9 June 1998. In 2001, it became part of the STAR (highrequisite stock) segment, which became the FTSE Italia STAR in June 2009.
Contacts:
| Giovanna Franceschetti | POWER EMPRISE S.r.l. |
|---|---|
| Investor Relations | Via B. Panizza 5 – 20144 Milan |
| Gefran S.p.A., Via Sebina 74 | Tel 02/39400100 |
| 25050 Provaglio d'Iseo (BS) | Cosimo Pastore, cell. 335/213305 |
| Tel 030 98881 | [email protected] |
| Fax 030 9839063 | Sara Pavesi, cell. 340.6486083 |
| [email protected] | [email protected] |
| www.gefran.com | Erminia Cannistrà, cell. 340.8684279 |
| [email protected] | |
| www.poweremprise.com |