Share

Elica, 2013 growing and coupon hypothesis

Elica closed 2013 with consolidated revenues of 391,8 million euros, up 4,2% at constant exchange rates and 1,8% net of the exchange rate effect – “We intend to propose the distribution of a dividend” , said CEO Giuseppe Perucchetti.

Elica, 2013 growing and coupon hypothesis

Elica closed 2013 with consolidated revenues of 391,8 million euros, up by 4,2% at constant exchange rates and by 1,8% net of the exchange rate effect. The company communicates it, which through thehe managing director Giuseppe Perucchetti has also anticipated the will to distribute a coupon to the shareholders. “NoAlthough the net result – commented Perucchetti – was strongly impacted by the effects of the workforce downsizing plan, we intend to propose the distribution of the dividend, confirming not only the excellent results achieved but the growth prospects of the group”.

Furthermore, EBIT, amounting to 6,9 million compared to the 12,1 million euros achieved in 2012, decreased due to the impact of restructuring costs (6 million) and the net result attributable to the Group was equal to 1,4 million compared to 5 million as a result of provisions deriving from the workforce downsizing plan. In the fourth quarter, revenues grew by 4,4% at constant exchange rates and by 1,2% net of exchange rates to 101,3 million and the net result substantially broke even (from 3,3 million in 2012).

comments