MILAN (AIMnews.it) – Sales and margins are growing for Fope. Today, the Board of Directors have taken note of the pre-closing data for the half-yearly financial report, which shows an annual increase in revenues of 13.3% to 15.28 million. Ebitda amounts to 3.18 million euros, a year earlier it was 1.76 million euros; Ebit also increased, reaching 2.65 million euros, compared to 1.36 million in the first half of 2017. The pre-tax profit amounted to 2.63 million euros (1.23 million 1H2017), while Net profit rises to 1.90 million compared to 0.80 million a year earlier. The Net Financial Position is € 2.88 million, up compared to € 1.17 million on December 31st, the same trend for Net Equity, which rose to € 13.13 million, from € 11.92 million at the end of 2017. “The results for the first six months – commented Diego Nardin, CEO of FOPE – confirm the positive outlook for the year. The figure confirms the initial budget expectations and the path of the sales growth that has always been supported by important developments of foreign markets (in particular Europe and America) and by the domestic market which consolidates and increases the position. The new collections presented at the beginning of the year have had an excellent response from the market, and which has contributed to the achievement of the positive commercial result registered in the early months of the year.”