Strongest ever Q1, on the way to another record year

Publication date: 
02 May 2016
  • Total shipments reached 1,882 units, up 15%
  • Net revenues grew 8.8% (+8.4% at constant currencies) to Euro 675 million
  • EBIT of Euro 121 million, 250bps margin increase
  • Net profit up 19% to Euro 78 million
  • Net industrial debt[1] slightly down from year end 2015 at Euro 782 million

(In Euro million unless otherwise stated) For the three months ended March 31,
 20162015Change%
Shipments (in units) 1,882 1,635 247 15%
Net revenues 675 621 54 +8.8%
EBIT 121 96 25 26%
Adjusted EBIT1 121 100 21 21%
EBITDA1 178 156 22 14%
Adjusted EBITDA1 178 160 18 11%
Net profit 78 65 13 19%
Earnings per share (in Euro ) 0.41 0.34 0.07 19%
Adjusted earnings per share1 (in Euro ) 0.41 0.36 0.05 13%

(In milioni di Euro)Mar. 31, 2016Dec. 31, 2015Variazione
Net industrial debt1 (782) (797) 15


[1] Refer to specific note on Non-GAAP financial measures