{"id":4048,"date":"2016-12-31T00:00:00","date_gmt":"2016-12-31T00:00:00","guid":{"rendered":"https:\/\/www.gpi.it\/news\/record-net-income-gpi-closes-the-2016-with-5-7-millions\/"},"modified":"2016-12-31T00:00:00","modified_gmt":"2016-12-31T00:00:00","slug":"record-net-income-gpi-closes-the-2016-with-5-7-millions","status":"publish","type":"post","link":"https:\/\/www.gpigroup.com\/en\/news\/record-net-income-gpi-closes-the-2016-with-5-7-millions\/","title":{"rendered":"Record net income: GPI closes the 2016 with 5.7 millions"},"content":{"rendered":"<p>While the GPI\u00a0title continues to rise &#8211; an increase of 1.46%, after the 2.79% of the first day of trading, was registered yesterday- the President and CEO of the Group, Fausto Manzana, announces that the profit in 2016 after tax will be \u20ac 5,75,8 million.<\/p>\n<p>&#8220;Until 2013 we redistributed the dividend in the company. The entrance of the Horizon Fund has taught us to understand how the financial world works, thus we distribute approximately 50% of the product &#8211; Manzana explained at the landing ceremony on Aim Italy &#8211; This year we have the commitment to close with an Ebitda of 21.7 million and a net profit of about 5.7 million after taxes. The landing on the stock exchange represents a starting point and it is certainly easier to grow in Europe through acquisitions of competitors. We believe that there are no alternatives to continue the growth path: we need to be great to be able to compete. &#8220;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Positive first days on the stock market: the title still increases by 1.46%. In the future new acquisitions in Europe.<\/p>\n","protected":false},"author":1,"featured_media":4049,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-4048","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Record net income: GPI closes the 2016 with 5.7 millions | GPI<\/title>\n<meta name=\"description\" content=\"Positive first days on the stock market: the title still increases by 1.46%. 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