MILANO ( – The Innovatec Board of Directors have approved the 2017 Financial Statements. The value of production is equal to 41.9 million euros, in the previous year it was 42.7 million. Ebitda is € 1.7 million, compared to the negative 2016 figure of € 17.1 million. Group net profit amounted to 3.2 million euros compared to the loss recorded in the previous year of 33.1 million. EBIT also increased from a negative 2016 figure of -30.9 million euro to 11 million in the 2017 financial year.