MILAN (AIMnews.it) - Increased revenues for Finlogic. The Board of Directors of the company have approved the half-year report as of 30th June 2018. Revenues amounted to 13.9 million euro, an increase of 29% from the same period in 2017. A growth in the 'Technological Products' division, with revenues of € 5.4 million (39% of the total), up + 53% compared to 30th June 2017. Ebitda has also grown, € 2.08 million and a 17% increase on the same period of the previous year. Net income reaches 1 million euro, + 8% from the first half of 2017. The net financial position is 2.7 million, it was 4.3 million euros at the end of 2017. "We are very satisfied with the strong growth of the first half of 2018, in line with expectations and with a better trend compared to the reference market, thanks to the operational and commercial dynamism, innovation and widespread presence on the territory that characterises our group. - Dino Natale, Chairman and CEO of Finlogic - The integration of the acquired companies is bringing satisfactory results with the development of important cross-selling opportunities, confirming that the M & A policy is the right way to increase turnover. For the second half of the year we expect a good performance also from the 'Labels' division, which represents our core business. In terms of acquisitions, in addition to Italian companies active in the field of automatic identification, we are now looking to Spain with the aim of penetrating a market with interesting growth prospects."