Preliminary estimates for end of 2017
The data given in this press release are currently the subject of auditing being carried out by Bio-on S.p.A.'s auditing firm EY S.p.A.. The results will be announced in compliance with the schedule envisaged for budget approval.
Bologna, 14 February 2018
- Bio-on S.p.A., listed on the AIM segment of Borsa Italiana and operating in the high quality, natural and 100% biodegradable bioplastics sector, announces that the Bio-on S.p.A. board, which met on 13 February 2018, has viewed the preliminary estimates of the main operating results for 2017 and releases the main figures today: income rose to 10.5 million € (+ 133%)
from 4.5 mln in 2016; the EBITDA
rose to 6.2 million € (+ 675%)
from 0.8 mln in 2016; the net financial position showed a cash surplus of 24.6 million €
on 31.12.2017 (+71%), up from 14.4 million € in 2016. The orders portfolio
rose to 101.0 million € (+ 85%)
from 55.0 million € in 2016. The board of directors will meet on 30 March 2018 to approve the 2017 draft budget and the IAS/IFRS consolidated balance sheet to 31 December 2017.