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29 February 2020 The on-line newspaper devoted to the world of transports 08:24 GMT+1

October 28, 2019

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RINA announces an increase of +6.2% of the turnover in the first nine months of 2019

The company previews to record the entire exercise anniversary with adjusted an EBITDA of about 50 million euros

The Italian society of classification and certification RINA has announced that the third quarterly of 2019, examined and approved of relation today from the board of directors, shows revenues pairs to 339 million euros, in increase of +6.2% regarding the first nine months of 2018, with a positive trend for all the areas of business of the group. Moreover the contribution margin is attested to 19.4%, in increase regarding 2018 so as the EBITDA margin, pairs to 9%. RINA has evidenced that the forecast for 2019 of adjusted EBITDA therefore is confirmed in the range of 50 million euros, online with the target.

Moreover the company has specified that the collection orders in the third trimester is attested to beyond 332 million euros, confirming so the outlook positive not only for the closing of the year but also for the next months. Moreover, with proceeds beyond 300 million euros, also the forecasts of case generation are positive.

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