Novabase SGPS SA Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2016; Provides Guidance for the Year 2016
May 16, 2016 at 03:52 pm
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Novabase SGPS SA reported consolidated earnings results for the first quarter ended March 31, 2016. For the quarter, the company reported sales of goods of €6,673,000, EBITDA of €4,178,000, EBIT of €3,001,000, net profit before taxes of €3,377,000, net profit from continuing operations of €2,794,000, attributable net profit of €1,691,000 compared to the sales of goods of €12,217,000, EBITDA of €4,028,000, EBIT of €2,679,000, net profit before taxes of €2,075,000, net profit from continuing operations of €1,621,000, attributable net profit of €1,927,000 for the same quarter a year ago.
For the year 2016, the company reaffirm the goal of sustainable international growth. For the year 2016, the company expected turnover of €215 million, more than 45% of which outside Portugal and EBITDA between €14 million and €17 million.
Novabase S.G.P.S., S.A. is Portugal's number one computing company. The company currently has offices in Portugal, Angola, Mozambique, Spain, the United Kingdom, the Netherlands, the Middle East and Turkey. Novabase S.G.P.S., S.A.'s mission is to make life easier and more enjoyable for people and companies through the use of technology. Engineering and management combine with human sciences and design to create solutions focused on people.
NOVABASE S.G.P.S., S.A. 
