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Exprivia-Italtel, the 2018 accounts are recovering

2018 closed with a net loss of €0,9 million, an improvement compared to the negative net result of €10 million in the 2017 pro-forma

Exprivia-Italtel, the 2018 accounts are recovering

Exprivia archives 2018, the first year of Italtel's entry into the group's consolidation perimeter, including the economic one, with revenues of 623,2 million, compared to 614,1 million in the 2017 pro-forma (+1,5%).

Ebitda increased by 60,8%, rising to 41,8 million from 26 million in the pro-forma 2017. The Ebitda margin also improved, from 4,2% to 6,7 percent. Ebit is fixed at 21 million, more than doubled compared to 8,7 million in the pro-forma 2017, with a Ros rising from 1,4% to 3,4%.

2018 closed with a net loss of 0,9 million, an improvement compared to the negative net result of 10 million in the 2017 pro-forma. On the balance sheet side, the net financial debt as at 31 December stood at 214,6 million, down from 222,8 million at the end of 2017.

"The positive results achieved by the group in 2018 - declared Domenico Favuzzi, president and CEO of Exprivia - confirm the validity of the guidelines of the industrial plan based on the integration of skills between Exprivia and Italtel".

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