Zignago Vetro reported a consolidated net profit of EUR 11.8 million for the first half of 2009, compared to EUR 14.5 million for the same period of 2008.
The Italian hollow glass containers manufact…
Zignago Vetro reported a consolidated net profit of EUR 11.8 million for the first half of 2009, compared to EUR 14.5 million for the same period of 2008. The Italian hollow glass containers manufacturer“s consolidated revenue totalled EUR 107.5 million, down from EUR 128.8 million. Consolidated earnings before interest, tax, depreciation and amortization (EBITDA) dropped to EUR 29.8 million compared to EUR 34.6 million in 2008. Consolidated earnings before interest and tax (EBIT) were EUR 18.4 million, down from EUR 23.4 million.