PRESS RELEASE 25 MAY 2015
ITALEAF: Interim Report January-March 2015
The Board of Directors approved the results as at 31 March, 2015. EBT equal to Euro 1 million, Net profit equal to Euro 0,7 million. Investment in startups for Euro 0,4 million
- Revenues amounted to € 0,8 million (€ 70 for the Italeaf Group consolidated)
- EBITDA equal to € -0,2 million (€ 6,2 million for the Italeaf Group consolidated)
- EBIT amounted to € -3,6 million (€ 4,7 million for the Italeaf Group consolidated)
- EBT equal to € 1 million (€ 2,6 million for the Italeaf Group consolidated)
- Net profit amounted to € 0,7 million (€ 1,9 million for the Italeaf Group consolidated)
- Shareholders' Equity amounted to € 29,5 million (€ 80,7 milioni for the Italeaf Group consolidated)
- NFP of € 17, 6 million (€ 125,2 for the Italeaf Group consolidated)
- NAV equal to € 41 million
The board of directors of Italeaf, holding company and first Italian company builder active in cleantech and smart innovation sectors, listed on on NASDAQ OMX First North, has approved today the interim report as at 31 March, 2015.
Financial highlights*
| As at 31 March, 2015 | ||
| in Euro | ||
| Net revenues from sales and services | 777,380 | |
| EBITDA | (218,738) | |
| EBIT | (359,773) | |
| EBT (Pre-tax result) | 1,002,930 | |
| Net profit | 708,695 | |
| Net working capital | (104,228) | |
| Shareholders' Equity | 29,477,074 | |
| Total net financial position | 17,593,666 |
*Separated Interim Report prepared in accordance with accounting principles ITALIAN GAAP
The NAV of Italeaf amounted to Euro 41 million at 31 March 2015 (Euro 36.3 million at December 31, 2014; + 13%).
The investments for the development and the growth of the startup companies in the period was approximately equal to Euro 0,4 million and dedicated to Skyrobotic Spa and Greenled Industry Spa.
The CEO of Italeaf, Mr Nicola Romito, stated:
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The Interim Report as at March 31, 2015 in full version and in English, attached to this press release, will be published on the Company's website.
This press release is also available on the Company website: www.italeaf.com.
Certified Adviser
Mangold Fondkommission AB is the Certified Adviser of Italeaf on NASDAQ OMX First North.
For further information please contact:
Filippo Calisti
CFO - Italeaf S.p.A.
E-mail: calisti@italeaf.com
Mangold Fondkommission AB
Tel. +46 (0)8 5030 1550
info@mangold.se
Italeaf SpA, established in December 2010, is a holding company and a business accelerator for companies and startups in the areas of innovation and cleantech. Italeaf operates as a company builder, promoting the creation and development of industrial startups in the fields of cleantech, smart energy and technological innovation. Italeaf has headquarters and plants in Italy at Nera Montoro (Narni), Terni, Milano and Lecce; has international offices in London and Hong Kong and a research and development centre in the Hong Kong Science and Technology Park. The company controls TerniEnergia, listed on the STAR segment of the Italian Stock Exchange and active in the fields of renewable energy, energy efficiency and waste management, Greenled Industry, working in the development and production of power LED lamps for industrial energy efficiency and public lighting, WiSave in the "internet of things" field, for the development and production of thermostats and smart technologies for the remote control of electrical and heating items of buildings managed through a cloud infrastructure, and Skyrobotic, in the business development and manufacture of civil and commercial drones in mini and micro classes for the professional market.
