The Sol Group, the Italian company engaged in the production, applied research and marketing of industrial, pure and medicinal gases, has recorded and approved its first half 2007 results and revealed increased consolidated net profit.
The company has recorded consolidated sales of €213.6m, an increase of 8.8% on the same period in 2006, EBITDA of €47.6m and consolidated net profit of €10.9m.
The increase of sales and gross operating profit, influenced by the continuous increase of energy and distribution costs, go hand-in-hand to form the important growth of the EBIT and consolidated net profit.
In comparison to 30th June 2006, sales increased by 5.3% in Italy and 16% abroad, with the technical gases business enjoying increased sales of 5.1% and the home-care business having sales increased by 17.4%.
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