The rain of quarterly reports continues on Piazza Affari. A2A announced today that it closed the first 9 months of the year with a group net result of 237 million, an increase of 49,1% compared to the same period last year. EBITDA instead stood at 814 million (+4%), while revenues reached 3,6 billion (+0,2%). The net financial position at the end of September 2015 was negative by 3.138 million euro, an improvement of 225 million compared to the -3.363 million of December 31, 2014. In mid-afternoon, the A2A stock on the Stock Exchange lost 0,33%, to 1,205 EUR.
Growing results also for Reply, which closed the first nine months of 2015 with revenues of 516,55 million euros (+11,8% over the year). The gross operating margin increased by 16,3%, going from 60,46 million to 70,3 million euro. Profit before taxes also increased, leaping from 53,01 million to 63,1 million euros (+19%). In the third quarter alone, turnover rose by 11,3% to 171,07 million euros. At the end of September the net financial position was positive for 40,17 million euro, compared to 16,31 million at the beginning of the year. The top management of the company showed cautious optimism on the last quarter of 2015. The management reiterated that the group's objective remains that of investing in new skills. In Milan, the Reply share gains 1,2%, to 118,60 euros.
Finally, well too Beghelli, which confirms the positive trend already highlighted during the year. Consolidated turnover rose to 127 million in the first 9 months, with an increase of 15,8% compared to 109,7 million in the previous year, while the Group's net result recorded a profit of 3,1 million (+97,9 % compared to 30 September 2014). EBITDA stood at 14,7 million (11,6% of revenues for the period), with a significant improvement compared to 30 September 2014 (+ 27,0%). The Operating Income amounted to 9,7 million (7,7% of revenues for the period), an increase of 39,3% compared to 30 September 2014. The Group's overall profit for the period amounted to 4 million, while the net financial position as at 30 September 2015 shows a negative balance of 99,6 million, down by 5 million compared to 104,6 million as at 31 December 2014. Beghelli shares lost 2% in Piazza Affari, at 0,4393 euro.
