MILANO (AIMnews.it) - The Board of ILLA, a company active in the marketing of aluminum cookware with non-stick coating, has approved the results as of 31 December 2017. Consolidated revenues amounted to € 39.9 million, down compared to 2016 ( € 40.2 million). The lower revenues compared to the 2017 Forecast Data by approximately € 1.1 million are mainly due to delays in withdrawals from the main customer, the launch of an important painting order and the lack of feedback in terms of revenues from the Telesales project. The value of production rose from 41.4 million euros in 2016 to 41.8 million euros in 2017. EBITDA amounted to 2.0 million euro (2.4 million euro as forecast for 2017) compared to € 2.4 million in 2016 (-16.6%). The Adjusted Ebitda of 2017 is equal to 1.9 million. The operating result (EBIT) for 2017 is positive with 0.7 million euros against the results of 1.1 million euros in 2016. The net result for the year is equal to 0.1 million euro compared to 0, € 3 million in 2016. Net financial debt (NFP) is € 6.7 million compared to € 10.5 million in 2016.