Sadi Servizi Industriali (Sadi), the Italian provider of environmental remediation, waste management, engineering and building material services, says it achieved a consolidated profit of €3.34million in 2011. The 2012 profit margin was up on the firm’s 2010 profit of €2.90million. However, the company's 2012 EBITDA fell by 48%, while its EBIT dropped 61.9% and its turnover went down 10.9% to €45.8million.
Sadi Servizi Industriali (Sadi), the Italian provider of environmental remediation, waste management, engineering and building material services, says it achieved a consolidated profit of €3.34million in 2011.
The 2012 profit margin was up on the firm’s 2010 profit of €2.90million. However, the company’s 2012 EBITDA fell by 48%, while its EBIT dropped 61.9% and its turnover went down 10.9% to €45.8million.
Chairman Alberto Azario admitted that the first quarter of 2012 had been difficult due to transport strikes, but said he was confident of growth in the second half of the year to enable the company to meet its targets of €96million in turnover and €14million in EBITDA.
