Sbe - Varvit - Societa' Per Azioni (BIT:VARV)

BIT:VARV Income Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015
Revenue	182.67	205.24	178.68	154.86	149.6
Revenue Growth (YoY)	-11.00%	14.87%	15.38%	3.52%	-3.36%
Cost of Revenue	66.31	76.15	67.44	53.16	56.46
Gross Profit	116.36	129.09	111.24	101.71	93.14
Selling, General & Admin	29.31	29.06	26.8	25.51	22.93
Other Operating Expenses	42.14	45.37	39.74	36.2	41.33
Operating Expenses	97.87	98.73	81.43	77.71	78.63
Operating Income	18.49	30.36	29.81	24	14.51
Interest & Investment Income	0.7	1.16	-1.01	0.21	1.19
Other Non Operating Income (Expenses)	-0.17	-0.06	-0.06	-0.07	-0.13
Pretax Income	19.01	31.46	28.74	24.14	15.57
Income Tax Expense	2.45	6.3	7.18	7.43	4.69
Earnings From Continuing Operations	16.56	25.16	21.56	16.71	10.89
Net Income	16.56	25.08	21.38	16.71	10.89
Net Income Growth	-33.98%	17.34%	27.94%	53.48%	-8.48%
Gross Margin	63.70%	62.90%	62.26%	65.67%	62.26%
Operating Margin	10.12%	14.79%	16.68%	15.50%	9.70%
Profit Margin	9.07%	12.22%	11.96%	10.79%	7.28%
EBITDA	44.9	54.67	44.7	40	28.88
EBITDA Margin	24.58%	26.64%	25.01%	25.83%	19.30%
EBIT	18.49	30.36	29.81	24	14.51
EBIT Margin	10.12%	14.79%	16.68%	15.50%	9.70%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.