Danieli released FY 16/17 results (closing 30 June). Revenues reached €2,491m (flat), EBITDA €202.5m (-4%), EBIT €70.3m (-22%) and the net result €50.2m (-43%). The order book at the end of June reached €2,532m (-11%). The group’s net cash at the end of H1 16/17 stood at €912.5m (vs €910.2m in December).
27 Sep 2017
FY16/17: a bit weaker than expected
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FY16/17: a bit weaker than expected
Danieli & C. Officine Meccaniche S.p.A. (0APM:LON) | 1,771 0 0.0% | Mkt Cap: 1,440m
- Published:
27 Sep 2017 -
Author:
Fabrice Farigoule -
Pages:
2
Danieli released FY 16/17 results (closing 30 June). Revenues reached €2,491m (flat), EBITDA €202.5m (-4%), EBIT €70.3m (-22%) and the net result €50.2m (-43%). The order book at the end of June reached €2,532m (-11%). The group’s net cash at the end of H1 16/17 stood at €912.5m (vs €910.2m in December).