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Azimut H.: net income for the first nine months grows by 112% to 121 million euro

The group's revenues also grew by 32% on an annual basis, to 322 million euros – In the third quarter alone, profit increased by 240%, to 42,1 million – Chairman Pietro Giuliani: “In nine months, exceeded all-time useful record”.

Azimut H.: net income for the first nine months grows by 112% to 121 million euro

The first nine months of 2012 are archived Azimut H. which close with a net profit up 112% on an annual basis at €121,2 million. A statement from the company communicates it. Total assets, again at the end of September, reached 19,2 billion euros, while revenues arrived to 322 million, up 32% year on year. Profit before taxes also increased, more than doubling from 61,2 million in 2011 to 136,5 million.

The consolidated net financial position after the first nine months is approximately 202,4 million euros, against 73,1 million euros at the end of September 2011. In the period considered, the company paid dividends of approximately 34 million. As far as the third quarter alone is concerned, however, consolidated revenues amounted to 107,9 million euros (+55%), while consolidated net profit grew by 240% to 42,1 million euros.

The satisfaction of the is understandable Chairman of Azimut H. Pietro Giuliani: "We are particularly proud of the results achieved: in nine months we have surpassed our all-time profit record". In the afternoon, the stock gains 1,35% on the Stock Exchange.

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