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financial data

THE GROUP

MAIN ECONOMIC AND FINANCIAL FIGURES
Mln/Euro 31/12/2017 % 31/12/2018 % 31/12/2019 -
TOTAL REVENUES 4,017.9 100 4,184.1 100 4,437.0 100
EBITDA 271.6 6.7 289.4 6.9 377.2* 8.5
EBIT 161.6 4.0 167.2 4.0 193.9* 4.4
NET PROFIT 45.4 - 51.6 - 44.6 -
SHAREHOLDERS' EQUITY 835.6 - 874.5 - 969.4 -
NET DEBT 701.9 - 768.1 - 781.6* -
CAPITAL EXPENDITURES 128.3 - 176.2 - 178.4 -



 

 

YEARLY BUSINESS PERFORMANCE

The Cremonini Group achieved revenues of 4,437.0 million Euro in 2019. An operating margin (EBITDA) of 377.2* million Euro and the operating  result (EBIT) of 193,9* million Euro.

* As of January 1, 2019 the Group adopted IFRS 16 using the modified retrospective approach for which the restatement of comparative data is not required. The Group's net debt at 31 December 2019, amounting to 1,095.6 million euros, is affected by the recognition of a financial debt for rights of use of 314.0 million Euros deriving from the application of the new standard.