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Ima Group, good estimates for 2013: Ebitda up to 112 million

Excellent forecasts for the Bologna-based IMA group, leader in automatic machinery: revenues at 760,9 million euros, gross operating margin (Ebitda) at 112 million euros, consolidated order backlog at 456,3 million euros – Preliminary final estimates 2013 include the contribution of the newly acquired ILAPAK Group, consolidated since August 2013.

Ima Group, good estimates for 2013: Ebitda up to 112 million

The Board of Directors of IMA SpA, world leader in the production of automatic machines, which met today under the chairmanship of Alberto Vacchi, has read the preliminary estimates of the main management figures for 2013.

Strongly growing i consolidated revenues preliminaries they have achieved the 760,9 million euros (+15,8% compared to the 656,8 million at 31 December 2012) with a contribution from the ILAPAK Group of 41,6 million euros, the gross operating margin (EBITDA) increased to 112 million euro (+23,9% compared to 90,4 million at 31 December 2012) with a contribution from the ILAPAK Group of 3,7 million euro and the order book consolidated which reached 456,3 million euro (+ 22,1% compared to 373,6 million as at 31 December 2012) with a contribution from the ILAPAK Group of 22 million euro.

Preliminary final estimates for 2013 indicate a year of further growth compared to the previous year, thanks to the very positive trend in sales of automatic machines to the reference sectors (pharmaceuticals e food).

THEnet financial debt preliminary agreement of the IMA Group as at 31 December 2013, despite the dividends paid during 2013, which totaled 82,8 million euros and the purchase of the ILAPAK Group which, together with its net financial debt, amounted to 20,8 million euro, was slightly down to 130,4 million euro (131,5 million as at 31 December 2012).

Alberto Vacchi, President and Chief Executive Officer of IMA, commented as follows: “The preliminary results for 2013 largely met our expectations, highlighting a very positive trend in revenues and EBITDA, which exceeded the target announced last year. The consolidated order portfolio is also growing steadily, thanks to the growing demand for machines and complete lines from the pharmaceutical and food industries. Preliminary final estimates for 2013 include the contribution of the newly acquired ILAPAK Group, consolidated since August 2013, which reported excellent results in terms of turnover and profitability in the first year of entry into the IMA Group. The 2013 financial year is outlined as further growth compared to the previous year and confirms the validity of our strategy focused on the continuous pursuit of excellence in the design of automatic machines and on diversification in technological and geographical development. The strengthening of our leadership position in the pharmaceutical and food sectors, the strong commitment to research and innovation - concluded the President of IMA - are just some of the objectives that we have set ourselves for 2014 which presents good prospects, in a path of growth balanced and sustainable.”

The final results for the 2013 financial year will be reviewed by board of Administration of IMA SpA summoned for the 14 March 2014. Pursuant to paragraph 2 of article 154 bis of the Consolidated Law on Finance, the manager in charge of preparing the corporate accounting documents, Sergio Marzo, declares that the accounting information contained in this press release corresponds to the documentary results, books and accounting entries. 

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