Following the recent news from the press, CAD IT confirms that a business improvement for the current financial year can be expected, on the wake of positive perspectives related to the development of the foreign sector. However, the market remains highly volatile and, therefore, it is quite difficult to formulate an accurate forecast.
Moreover, CAD IT confirms that the trend detected for the first part of 2010 has continued in the last quarter of the year. That means that the value of production for 2010 can be expected to amount to approximately € 52 million, with EBITDA ranging from € 4 and 4.5 million, and EBIT being between € 0.5 and 1 million.
In addition, CAD IT points out that it is impossible to evaluate dividends at this stage because their amount and distribution, or the lack of it, should be agreed upon by the Board of Directors meeting that is going to be held on 11th March 2011.