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Banca Finnat analyses 2017 for Alfio Bardolla Training Group

MILAN (AIMnews.it) - Banca Finnat puts the Alfio Bardolla Training Group's target price under review in light of the 2017 results released by the company today. Revenues of 9.6 million euros were 5.1% higher than analysts' estimates, as was ebitda (1.8 million, 3.5% more than expected) and adjusted EBITDA (1, 82 million, + 9.2% on the expectations of Banca Finnat). EBIT, on the other hand, was below analysts' expectations (719.000 euros the actual figure against 982.000 estimated) due to higher amortisation, depreciation and write-downs, and also the net result, although the return was positive with profits of 419.000 euros, it was less than 633.000 euros, as expected. The company, which capitalised at around 33 million, thus deals with 19 times the expected profits for the current year and 14.1 times those of the next financial year.

21/02/2018