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Engineering, super accounts and shares soar on the Stock Exchange: +7% at 11

“We are extremely satisfied with these results which see for the first time Engineering exceed 800 million in revenues, 100 million in Ebitda with a positive financial position of almost 40 million euros, while the stock has reached an all-time record of 50 euros” , declared CEO Paolo Pandozy.

Engineering, super accounts and shares soar on the Stock Exchange: +7% at 11

On the occasion of the Kick-off Engineering, a corporate event for the presentation of the corporate objectives for the year 2014 held in Florence, the top management of Engineering Ingegneria Informatica SpA announced today in the morning the results of the financial year which has just ended, anticipating the main economic-financial indicators as at 31 December 2013. These are the main data:

Value of production at 823 million euros, +6,9%
– Ebitda at 101 million euros, +8,9%
– Positive net financial position at 39 million euro from -28,6 million euro.

The chief executive officer Paolo Pandozy declared “We are extremely satisfied with these results which see for the first time Engineering exceeding 800 million in revenues, 100 million in Ebitda with a positive financial position of almost 40 million euros, while the stock touched the historic record of 50 euros”.

These data will be discussed and validated by the Board of Directors during the approval of the 2013 Financial Statements which will be held, as scheduled, on 14 March 2014. Meanwhile, the exploit in the accounts immediately launched the stock on the Stock Exchange: shortly after 11 the Engineering share already gains more than 7% in Piazza Affari, a €53 per share.

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