Q1 16 results were above expectations: adjusted EBITDA at €163m (+46% yoy) and net profit at €57m (vs. €34m in Q1 15). Guidance 2016 confirmed: EBITDA at c. €440m; Net financial debt at €1.7bn.
13 May 2016
Q1 above estimates, guidance 2016 confirmed
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Q1 above estimates, guidance 2016 confirmed
ERG S.p.A. (ER9:FRA) | 0 0 0.5% | Mkt Cap: 2,411m
- Published:
13 May 2016 -
Author:
Marzio Foa -
Pages:
2
Q1 16 results were above expectations: adjusted EBITDA at €163m (+46% yoy) and net profit at €57m (vs. €34m in Q1 15). Guidance 2016 confirmed: EBITDA at c. €440m; Net financial debt at €1.7bn.