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Zignago Vetro: net profit up 60% in 2007

Italy“s Zignago Vetro posted a net profit of EUR 24.9 million for 2007, up 61.6% on the previous year. The firm proposes to pay a dividend of EUR 0.218.
EBITDA increased 19.5% to EUR 64.3 million an…

Italy“s Zignago Vetro posted a net profit of EUR 24.9 million for 2007, up 61.6% on the previous year. The firm proposes to pay a dividend of EUR 0.218. EBITDA increased 19.5% to EUR 64.3 million and EBIT rose 37.2% to EUR 42.9 million, the container glass manfacturer said in a note. Turnover was EUR 240.6 million, up 14.9% from EUR 209.4 million in 2006.

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