MILANO (AIMnews.it) - In 2017, Gel increased revenues by 5.2% to 15.8 million euros; of these, 78% derive from the Domestic division and 22% from the Industrial division, while the foreign component is worth 22% of the turnover. Ebitda grew 3.6% to 3.8 million, while net income amounted to 0.8 million (0.75 in 2016). "The positive performance of the first months of the current year allows us to look at a 2018 of further value creation for our shareholders," said AD Aroldo Berto. "The company will continue to pursue the dimensional growth and continuous technological improvement strategy announced at the IPO, committing itself to complete productive investments and the development of the European foreign market, including through commercial investments", concludes the company. Shareholders' equity rose from € 5.7 million to € 8.7 million, thanks to the IPO income on Aim Italia, net financial debt decreased to € 9.8 million.