Thursday 14 November 2019
Approved the Interim Report on Operations at 30 September 2019
Results that show further growth in revenues and margins, for the sixth quarter in a row.
The Board of Directors of Rekeep S.p.A. examined and approved the Interim Report on Operations at 30 September 2019, which recorded a further increase in revenues and margins, for the sixth quarter in a row.
“The results for the period ended 30 September 2019 confirm a solid growth trend for our Group, which, for the sixth quarter in a row, shows an increase in revenues and profit margins as a result of its good performance both in the facility management and in the laundering business areas - declared Giuliano Di Bernardo, Chairman and Chief Executive Officer of Rekeep S.p.A. -; the deleveraging of the Group also continues through non-core operations and this makes us even more confident in the solidity of our business structure.”
Rekeep Group main Consolidated Results at 30 September 2019
- Revenue: €720.1 million (+4.9% compared to €686.7 million at 30 September 2018);
- Normalized EBITDA2: €83.4 million (+2.5% compared to €81.3 million at 30 September 2018);
- Normalized EBIT: €55.0 million (+6.2% compared to €51.8 million at 30 September 2018);
- Net Profit: €5.9 million (compared to €10.0 million at 30 September 2018);
- Net Financial Debt: €367.6 million (reporting a deterioration compared to €347.9 million at 31 December 2018, while showing an improvement compared to €371.1 million at 30 September 2018).
