MILAN (AIMnews.it) – The half-yearly report for TPS has been approved by the TPS Group’s holding company. Revenues grew from 8.9 million in the first half of 2017 to 9.8 million in the first half of 2018 (+ 10%) and margins also increased, with Ebitda at 2 million from 1.96 million a year earlier (+3 percent) and Ebitda Margin of 20.4 percent. The net profit shows a year-on-year increase of 4% (from 0,96 million in the first half of 2017 to 1 million in the first half of 2018). The net financial position stands at -1.5 million euro, from 0.1 million on 31st December 2017; shareholders’ equity amounted to € 9.1 million, up compared to € 8.0 million on 31 December 2017. “The first half of 2018 – commented Alessandro Rosso, CEO of TPS – saw significant growth at the consolidated level and strengthened the competitive position of the TPS Group which, thanks also to the strategic acquisitions made in 2017, today operates not only in the core business of technical and aeronautical engineering services, but also in the avionics and cost engineering sectors, both characterised by interesting prospects of growth. This positioning allows us to be involved in new projects of great importance that will strengthen and further develop the Group. The new corporate and organisational structure also allows us to look at new M & A operations in order to further enlarge the value chain, pursuing a growth path for external lines that has so far proved its worth thanks to the ability to integrate quickly and efficiently new activites in the organisational structure and operational control of the Group.”