Ceramiche Ricchetti Group reports first-quarter growth

May 22, 2006

22/05/06 - The Ceramiche Ricchetti Group has reported a positive start to the year with group turnover of 71.4 million euro, 3.1% up on the 69.2 million euro of the same period in 2005.
Consolidated EBITDA was 6.3 million euro (compared to 5.2 million euro in the first quarter of 2005), equal to 8.2% of the value of production. EBIT has risen to 3.4 million euro compared to the 1.3 million euro of the first quarter of 2005, equivalent to 4.4% of the value of production.
The consolidated net result was 4.1 million euro in the black compared to a loss of 211,000 euro as of March 2005.