MILAN (AIMnews.it) – The MASI BoD have approved the financial statements as of 31 December 2017, presenting the first consolidated financial statements in accordance with the International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB) and adopted by the European Union. Net Revenues amounted to 64.4 million euros (63.9 million euros in 2016, + 1%), EBITDA is stable, amounting to 12.97 million euros, compared to 12.93 million euros for the previous year (with EBITDA margin of 20.2% in both financial years). EBIT amounted to 10.2 million euro (10.3 million euro in 2016). Net profit amounted to 6.7 million euro (6.3 million euro in 2016), up 7% on the previous year and 13% on the previous year, prepared in accordance with Italian accounting standards. Net financial debt amounted to 9 million euro (6.7 million euro in December 31, 2016). Consolidated net equity amounted to 122.2 million euros (119 million euros in 31 December 2016, 108.8 million euros at the same date applying Italian accounting principles). With reference to the approval of the financial statements of 31 December 2017, the Board of Directors will propose to the shareholders’ meeting, convened for 29 June, the distribution of an ordinary unit dividend of approximately 0.10 euro per share (total euro 3,215,115.60, equal to approximately 51% of the net profit resulting from the draft financial statements of the Parent Company for the year ended December 31, 2017), whose coupon detachment will take place on September 24, 2018 (record date September 25, 2018) and which will be paid starting from 26 September 2018. Lastly, the company has returned to its definition of “issuer of financial instruments disclosed by the public to a significant extent”.