MILAN (AIMnews.it) - Finlogic in 2017 increased revenues by 19% to € 21.4 million and ebitda by 9% to € 3.24 million. Net income grew 6% to 1.67 million euros. The BoD will thus propose a dividend of 0.1481 euros per share, with a payout of 62% and a yield of 2.9 percent. "We close with satisfaction - explained Ad Dino Natale - an exercise in which the Finlogic Group has recorded a significant growth in all the indicators, with a better trend compared to the reference market and in line with the budget targets. In confirmation of the growth strategy announced in the IPO, performance is driven by technological products, which represent + 49% in terms of revenues. The outlook for 2018 is positive and Finlogic will pursue the goal of consolidating its leadership in the automatic identification sector by leveraging both its collaboration with Hydra and the commercial competitive advantage of the Group's product portfolio through the acquisitions of Tecmark and Multitec. The two companies, whose purchase was finalised on January 24th 2018 and whose accounting statistics are not reflected in the 2017 consolidated results, recorded in 2017 a € 0.6m ebitda which brings the aggregate ebitda of the group to approximately 4,0 million euros. The 2017 profit of Tecmark was equal to €380.000 attributable to Finlogic and will contribute to increasing the Group's equity items. The commitment to the development of the foreign market will also be important, thanks to the collaboration with international partners, which is essential for our internationalisation strategy and the increase of the market share abroad. "