Technological investments, a company that deals with digital trust and credit information, closes the first quarter with a Useful of 4,24 million, up on the 3,39 million recorded in the same period of 2017.
I revenues grew to 51,6 million (40,9) e the EBITDA rose to 10,22 million (8,52). L'net financial debt it dropped to 99,97 million, from 104,5 at the end of 2017.
Since the beginning of this year, Tecnoinvestimenti has adopted the new accounting standards Ifrs15 and Ifrs9, therefore the changes of an economic nature compared to the first quarter of 2017, which was not restated with the new accounting criteria, "are affected, albeit not significantly, by the different accounting treatment".
The expansion of the group perimeter also had an impact on the first quarter results, which recorded the entry of Sixtema spa and Warrants, consolidated starting from the second quarter of 2017
Tecnoinvestimenti "continues the search for external growth opportunities consistent with the strategy outlined", says the president, Enrico Salza, in a note.
The chief executive officer, Pier Andrea Chevallard, instead underlines that "the results of the first three months are positive and in line with the achievement of the objectives set for 2018".
