CAD IT approves the 1st quarterly report 2008

  • 13 May 2008, 18:25

In the first quarter of 2008, the CAD IT Group registered a Value of Production of Euro 14.8 million, showing a 13% growth compared to the Euro 13.1 million in the first quarter of 2007.

All other profit margins are on the increase compared to the same period in the previous year:

  • EBITDA shows a 27% increase and stands at Euro 2.9 million (Euro 2.3 million in the first quarter of 2007);
  • EBIT shows a 14% increase and stands at Euro 2.1 million (Euro 1.8 million in the first quarter of 2007);
  • Group pre-tax profit shows an 18% increase and stands at Euro 2.1 million (Euro 1.8 million in the first quarter of 2007).

The Consolidated Net Financial Position is in credit by Euro 17.1 million showing a growth compared to the Euro 12.1 million registered at 31st December 2007.

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