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Italian Avio: BoD approve Q1 2012 results

Rivalta di Torino, Italy - Financial and operational highlights

On 14 May 2012 the Board of Directors of Avio SpA analysed and approved its quarterly results for the three-month period to 31 March 2012. Financial highlights • Group revenues of €528.8 million (+27.5% compared to Q1 2011) • Adjusted EBITDA of €96.8 million (+11.7% compared to Q1 2011) • Reduced debt to €1,407.3 million, an improvement of €25.7 million compared to 31 December 2011 • Or...

fra/pec - 1140913

AVIONEWS - World Aeronautical Press Agency