Vetrya S.p.A. announced consolidated earnings results for the half year ended June 30, 2016. For the period, the company reported net revenues amounted to EUR 22.7 million, increase of 36% compared to revenues of EUR 16.8 million in the first half of 2015. The company continues its consolidation in the market and this has resulted in an increase of recurring revenues in the first half of 2016. EBITDA was EUR 1.2 million, up by 638% compared to the same period last year, which amounted to EUR 155,000. Net profit was EUR 198,000.

For the year 2016, the company expects consolidated revenues of EUR 46.3 million, EBITDA of EUR 6.3 million and EBIT of EUR 4.5 million.