Financial Highlights

Synthetic results	2018	2017	2016	2015	2014	2013	2012	2011
Production value (*)	295.032	198.349	195.436	197.489	190.678	190.397	187.377	179.397
EBITDA	71.765	54.702	55.713	51.704	44.599	45.883	40.405	32.315
EBIT	31.403	27.718	24.752	24.190	19.312	21.560	15.378	12.184
ROS (EBIT/Valore della produzione)	10,64%	13,97%	12,67%	12,25%	10,13%	11,32%	8,21%	6,79%
Pre-tax profit/(loss)	36.550	41.539	32.410	25.618	26.668	26.656	26.957	18.906
Profit/(loss)	28.735	34.991	26.261	20.143	21.068	20.135	24.060	24.909
Net equity	435.171	398.194	367.794	349.735	335.712	321.868	306.938	285.389
Net financial debt/(Net financial position	14.440	40.229	(28.846)	(27.510)	(8.417)	(87.404)	(73.906)	(90.169)
Net invested capital	449.611	438.423	338.948	322.225	327.295	234.464	233.032	195.220
ROI	6,98%	6,32%	7,30%	7,51%	5,90%	9,20%	6,60%	6,24%
ROE	6,60%	8,79%	7,14%	5,76%	6,28%	6,26%	7,84%	8,73%
Investments	56.838	158.772	146.171	154.764	207.040	108.803	179.775	156.782
Average number of employees (**)	2.240	1.246	1.235	1.251	1.258	1.241	1.283	1.310