Business
Emak : The Board of Directors approves 2018 results
Emak : The Board of Directors approves 2018
About this update from Emak S.p.a.
The Board of Directors approves the draft Company Statutory Financial Statements and the Consolidated Financial Statements for the year 2018 Proposed dividend of € 0.045 per share Consolidated results Revenues from sales € 452.8 million - € 422.2 million in 2017 EBITDA € 49.4 million (€ 50.8 million adjusted ) - € 43.9 million in 2017 (€ 45.6 million adjusted ) EBIT € 34 million - € 30 million in 2017 Consolidated net result € 25.6 million - € 16.4 million in 2017 Net negative financial position € 117.4 million (of which € 17.2 million of debts for future commitments relating to the purchase of the residual minority shares), compared to € 125.3 at 31 December 2017. Bagnolo in Piano (RE), 14 March 2019- The Board of Directors of Emak S.p.A. , (MTA- STAR), parent company of one of world major groups working in the sectors of outdoor power equipment, pumps and water jetting, and of the related components and accessories, has approved the draft Company Statutory Financial Statements and the Consolidated Financial Statements for the year ended at December 31, 2018.