Consolidated sales € 230.9 ml, +8.1% on the same period of 2007 (€ 213.6 ml at 30/06/07), EBITDA € 53.5 ml (+12.5% compared with € 47.6 ml at 30/06/07), EBIT € 27.5 ml (+19.5% vs €23 ml of the 1H 2007), consolidated net profit of € 23.1 (+112.2% vs € 10.9 ml on 1H 2007).
These are the highlights specified in the first half 2008 results approved earlier today by the Board of Directors of SOL S.p.A., a listed company on the Italian Stock Exchange that acts as holding company to a multination group of 42 companies, with more than 1,750 employees, involved in the area of technical gases and home-care assistance, operating in 17 European countries.
The increase of the sales (+8.1%) has been mostly realized abroad (+17.1%); in Italy the growth (+3.3%) was affected by the economic stagnation. The technical gases business increased the sales by 6.8%, while the home-care business, in which the Group operates through VIVISOL, by 11.6%.
The gross operating profit (€53.5m, equal to 23.2% on sales vs €47.6m at 30/06/2007), in despite of the continuous increase of energy and distribution costs, has been positively influenced by the good performance of the Group outside of Italy.
... to continue reading you must be subscribed
