Indesit Profits Up in 2Q
Jul 29, 2010
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Indesit Company saw sales and profitability grow in the second quarter of 2010, with revenues of €672 million, up 9.6% from €613 million in the same time period in 2009. The operating margin (EBIT) was €29 million, up 105%. Net profits were €12 million, against losses of €8 million in same period 2009.

Net financial indebtedness was down to €366 million, against €524 million on June 30, 2009.

Revenues for the 1st half of 2010 were to €1,273 million, up 5.8% on 1st half 2009's €1,203.7 million.

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