Pininfarina’s sales and service revenue for the first half of 2014 was up 27.61% to EUR21.24m (US$28.52m) compared with EUR16.64m in first half of 2013.

EBITDA loss for the period narrowed to EUR1.93m compared with EUR3.1m in the year ago period. EBIT loss narrowed to EUR3.18m from EUR3.41m. The company’s loss before taxes for the period narrowed to EUR4.39m compared with EUR5.9m. Loss for the period narrowed to EUR4.27m from EUR5.92m.

Outlook for 2014

Consolidated value of production for 2014 is expected to be in line with the 2013 figure and the EBIT is forecast to be positive.

The net financial debt at the end of 2014 is expected to worsen compared to 31 December 2013, mainly due to a decrease in liquidity as a result of net working capital trends, the outlays required by several tax disputes and the accumulated unrealised losses resulting from the measurement of financial liabilities at amortised cost.


How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.