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The Board of Directors approves the First Quarter results as of March 31, 2016
Milano, 5 May 2016 – The Board of Directors of Cerved Information Solutions S.p.A. (MTA: CERV) – parent holding company of the Cerved Group, the largest information provider in Italy – today approved the Interim Report as of 31 March 2016.
Marco Nespolo, Chief Executive Officer of the group, commented:
“First and foremost, I am honored to have been appointed Chief Executive Officer of the Cerved Group and I am committed to continue to achieve successful results for the group, its employees and its shareholders.”
“We’re satisfied with the results for the first quarter of 2016 which show growth of Revenues of 6.6% and EBITDA of 6.1%, with a positive contribution from all divisions. Beyond the continuing important contribution from the Credit Management division, I highlight the 3.5% growth rate achieved by the Credit Information division, with satisfactory results in both the Corporate and Financial Institutions segments.”
“On the 10th of May we shall be hosting an Investor Day in London, during which we will present to our shareholders and to financial analysts the key trends for each of the Group’s divisions as well as the strategy that we intend to pursue in the medium term, together with growth targets.”