Elica SpA announced consolidated earnings results for the first quarter ended March 2013. For the quarter, the company reported revenues of EUR 95.1 million against EUR 94.7 million a year ago, in line with the previous year. EBITDA was EUR 5.5 million against Euro 5.1 million a year ago, growth of 8.0%; EBIT was EUR 1.5 million against EUR 1.3 million a year ago, up 13.4%. Profit before taxes was EUR 0.254 million against EUR 1.434 million a year ago. Net profit from continuing operations was EUR 0.58 million against EUR 0.73 million a year ago. Net profit was EUR 0.43 million or 0.71 cents per diluted share against EUR 0.7 million or 1.09 cents per diluted share a year ago. Cash flow used in operating activity was EUR 0.8 million against EUR 0.44 million a year ago. CapEx was EUR 4.9 million against EUR 3.3 million a year ago. Net debt at March 31, 2013 totaled EUR 68.8 million, reducing on EUR 74.2 million at March 31, 2012 and increasing on EUR 62.3 million at December 31, 2012, in line with business seasonality. In a global marketplace which expects growth in the Americas and Asia and a contraction in Europe, the company for 2013 forecasts an increase in consolidated revenues of between 1% and 3% and an improvement in consolidated EBITDA of between 2% and 7% on 2012, and targets a net debt not greater than EUR 57 million at the end of 2013.

Elica SpA Presents at 2013 STAR Conference, Mar-26-2013 . Venue: Milan, Italy.

Elica SpA announced consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported revenues of EUR 100,045,000 compared with EUR 96,702,000 for the same period a year ago. EBIT was EUR 5,241,000 compared with EUR 3,849,000 for the same period a year ago. Profit before taxes was EUR 3,794,000 compared with EUR 2,220,000 for the same period a year ago. Net profit from continuing operations was EUR 3,159,000 compared with EUR 1,345,000 for the same period a year ago. Group net profit was EUR 3,278,000 or 5.43 cents per diluted share compared with EUR 1,271,000 or 1.81 cents per diluted share for the same period a year ago. EBITDA was EUR 9.0 million compared with EUR 6.1 million for the same period a year ago. For the full year, the company reported revenues of EUR 384,892,000 compared with EUR 378,406,000 for the same period a year ago. EBIT was EUR 12,056,000 compared with EUR 12,039,000 for the same period a year ago. Profit before taxes was EUR 7,850,000 compared with EUR 6,347,000 for the same period a year ago. Net profit from continuing operations was EUR 5,058,000 compared with EUR 4,116,000 for the same period a year ago. Group net profit was EUR 5,008,000 or 8.30 cents per diluted share compared with EUR 4,162,000 or 6.75 cents per diluted share for the same period a year ago. Cash flow from operating activity was EUR 22,935,000 compared with EUR 9,060,000 for the same period a year ago. Net Debt was EUR 62.3 million, reducing on Euro 68.8 million at December 31, 2011, primarily thanks to the strong cash generation from operating activities. EBITDA was EUR 27.0 million compared with EUR 26.5 million for the same period a year ago.