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Cir: boom in profits, close to 40 million in 9 months

Contributing to the leap in profits are above all the three main companies of the group: L'Espresso, Sogefi and KOS, which together recorded profits of 25 million.

Cir: boom in profits, close to 40 million in 9 months

First 9 months of 2015 in decisive growth for the profits of Cir. The group of the De Benedetti family recorded in the period between January and September a net profit of 39,6 million euros compared to 5,4 million in the same period last year.

I revenues amounted to 1,9 billion euros, up 7,1% compared to the same period of the previous year. The gross operating margin recorded an increase of 13%, to 174,4 million.

According to what is indicated in the Cir note, the three main industrial subsidiaries in particular contributed to the leap in profits: Gruppo l'Espresso, Sogefi and KOS, which together contributed to a growth in profits of 25 million euros (from 4,4 million in 2014). 

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