25/09/18

LU-VE GROUP: record sales and EBITDA (H 1)

Uboldo, 25 September 2018 – At the closing of the Board of Directors meeting, held today, LU-VE Group announced 2018 first half financial results:
- Consolidated sales: €152.8 m (+14.9% vs. H1 17);
- Order book: €42.5 m (+17.4%);
- EBITDA: €18.1 m (+ 27.4%);
- Net income: €6.6 m (+231.3%).

Iginio Liberali, President of LU-VE Group declared: “We recorded an excellent first half of 2018: an important growth with positive results. This sets the stage for an equally good result at the end of the year. In the medium term, the acquisition of Zyklus in the U.S. provides new prospects for further growth and development, both in terms of geographical areas and markets”.