MILANO (AIMnews.it) - The Board of Directors have approved the results as of 31 December 2017. At the consolidated level, the Production Value is equal to Euro 44.8 million (Euro 37.3 million in 2016). 60.7% of sales revenues derive from exports. Adjusted EBITDA is equal to Euro 5.0 million (4.1 million in 2016), with an EBITDA margin of 11.2%, a slight increase compared to 2016). Consolidated EBITDA of € 4.7 million. Adjusted EBIT amounted to € 2.1 million (€ 2.8 million in 2016) after amortisation and depreciation of € 2.9 million (€ 2.4 million in 2016). The net result is € 0.5 million (€ 0.7 million in 2016), after net financial charges of € 0.9 million, up compared to 2016. The NFP is € 19.0 million (€ 16.8 million in 2016). The 2017 Shareholders' Equity amounted to € 16.0 million (€ 15.3 million at 31 December 2016). Clabo Spa marks a Production Value of 38.2 million (Euro 35.4 in 2016) thanks to the positive performance of foreign sales, up 15%, Adjusted EBITDA amounted to 4.4 million Euro (4.3 in 2016) with an Ebitda Margin of 12.4%. Adjusted EBIT is Euro 1.6 million (1.9 million in 2016). The Net Result is € 0.1 million. The NFP has grown to € 19.3 million (€ 17.1 million in 2016). The growth dynamics of the NFP is due to the important investments made and that are still in progress. Pierluigi Bocchini, Chairman and Chief Executive Officer of the Group, declared: "2017 was a year of growth and significant investment for our Group, which continued consistently even in the first months of the current year. We have consolidated our international presence by raising our export share to over 60% of total sales. The excellent results both in Europe and in the rest of the world have allowed us to increase total net sales by + 21%, while on the domestic market our positioning has been confirmed. As regards to investments, the realisation of the 2017-2020 business plan is continuing, deciding on accelerating the purchase of some plants to continue benefiting from the tax advantages deriving from the new 2018 Budget Law. "