pminews.it

Ebitda growing strongly for Casta Diva Group

 
MILAN (AIMnews.it) - Revenues of Casta Diva Group in 2017 increased by 7% to 24.4 million, ebitda by 81% to 1.3 million, with a margin increase from 3% in 2016 to 5.7% last year. The financial year closed with a negative net result of 1.7 million. On the equity side, own funds amounted to € 7.9 million, with pfn of € 1.8 million. "2017 shows an improvement in margins, with an increase in ebitda of 81% and a significant improvement in the net financial position, and in 2017 was also the year of our debut in cinemas with the first feature film, 'Diva !', which was recently awarded the 2018 silver ribbon as best DocuFilm - explain Andrea de Micheli, AD and Luca Oddo, President - At the end of 2017 the group acquired an American events agency, which organises financial events in Europe, the Middle East and Asia: in 2018 it will continue to implement the 2017-2019 strategic plan: we hope for an acceleration of corporate growth thanks to international expansion, also through a targeted M & A policy, which will possibly make it possible to improve and reach in advance the 2019 target ".

29/03/2018