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Gefran Earnings Release 2017

Feb 12, 2018

4059_10-k_2018-02-12_1abfd4a9-1131-4174-bc10-21d99cc337ae.pdf

Earnings Release

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Informazione
Regolamentata n.
0136-3-2018
Data/Ora Ricezione
12 Febbraio 2018
14:56:22
MTA - Star
Societa' : GEFRAN
Identificativo
Informazione
Regolamentata
: 99003
Nome utilizzatore : GEFRANN04 - FRANCESCHETTI
Tipologia : REGEM
Data/Ora Ricezione : 12 Febbraio 2018 14:56:22
Data/Ora Inizio
Diffusione presunta
: 12 Febbraio 2018 14:56:23
Oggetto : Gefran S.p.A. preliminary consolidated
results to 31 December 2017
Testo del comunicato

Vedi allegato.

Gefran S.p.A. preliminary consolidated results to 31 December 2017

Provaglio d'Iseo (BS), 12 February 2018 – 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, which – as anticipated in the previous quarters – largely exceed the group's targets for the year just ended.

In fact, revenues amounted to EUR 128.6 million, up 7.8% compared to EUR 118.6 million in 2016. EBITDA reached 14.8% on turnover, and compares with an EBITDA margin of 9.5% in 2016. EBIT reached 8.7% on turnover (It 4.3% in 2016).

The excellent performance of the group is mainly related to the increase in revenues and to the product mix, where sensors grew by over 16%.

Approval of the draft financial statements and consolidated financial statements is set for 13 March 2018.

Contacts:

Giovanna Franceschetti POWER EMPRISE Srl
Investor Relations Via Valparaiso, 3 – 20144 Milan
Gefran SpA, Via Sebina 74 Tel 0039 02/438114200
25050 Provaglio d'Iseo (BS) Maria Giardini
Tel +39 030 98881 [email protected]
Fax + 39 030 9839063 Anna La Face
[email protected] [email protected]
www.gefran.com www.poweremprise.com

Gefran is an Italian multinational leader in the design and production of systems and components for automation and control of industrial processes. 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 and India, and through manufacturing branches in Germany, Switzerland, Brazil, the US and China. The Gefran Group currently has more than 800 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. With total control of process technology and application know-how, Gefran creates instruments and integrated systems for specific applications in various industrial sectors, including plastics processing, food, pharmaceuticals, and packaging and die-casting machines.

Gefran is listed in the STAR (high performance stock) segment of the Italian Stock Exchange, and joined the ALL STAR segment on 31 January 2005, becoming on FTSE Italia STAR on 1 June 2009.