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Technogym H1 Profit, Revenue Improve

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Technogym (TGYM.MI) Tuesday reported profit before tax of 55.26 million euros for the first half, higher than 41.25 million euros in the same period a year ago.

Operating income rose to 53.98 million euros from 38.87 million euros a year ago.

Excluding one-time items, adjusted net operating income was 56.61 million euros, up 40.9% year-on-year.

Net profit increased to 40.83 million euros or 0.21 euros per share from 31.15 million euros or 0.16 euros per share last year.

Adjusted profit rose to 43.63 million euros from 32.46 million euros a year ago.

Revenue for the period grew to 458.8 million euros from 402.09 million euros in the previous year.

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