EBITDA reached €21.6m, up125% compared with the same period of 2016, representing a margin on revenues of 13.4%. Net profit for the Q1, 2017 of €9.4m rose 203% compared with the same period of 2016, representing a margin on revenues of 5.8%.
Stefano Porcellini, Biesse Group general manager said: “We started the 2017 with an extraordinary first quarter versus the 2016 same period; however it’s correct to underline that the next quarter’s results will converge towards the ones stated in the three years’ plan.
