MILAN (AIMnews.it) - Portal Sardinia in 2017 increased the value of production by 29.5% to € 5.8 million, while the ebitda rose from 0.07 to 0.32 million. The year closed in profit with 0.01 million against a loss of 0.09 million a year earlier. "Portale Sardegna closes its first financial statement as a listed company, recording a significant growth in all the indicators and a strong financial solidity. The growth in sales was mainly due to the Italian market, however 2018 will see an orientation of investments also in the direction of development in foreign markets - explains AD Massimiliano Cossu - Furthermore, in 2017 the activities for development and enhancement of proprietary web technology, through commercial agreements with Italian and foreign market operators, Sweden, France and Ireland". As a result of the IPO, own resources now amount to € 2.1 million, the net financial position is positive with € 0.06 million. "The scalability of the technology and the commercial know-how of Portale Sardegna have allowed us to conclude important commercial agreements not only with operators willing to promote the products of Sardinia but also with tour operators who have embraced the business model of Portale Sardegna, allowing the company to keep the focus on the island unchanged and at the same time open up to new destinations such as Sicily, Calabria and Corsica. The positive trend of the first months of the current year allows us to look to 2018 with prospects of further creation of value for our shareholders" concludes Cossu.