
Executive chairman's message
First-quarter growth makes the targets of the Plan to 2021 even more visible
The set of results achieved in Q1 2018 in itself is compelling, with EBITDA growth exceeding 5% and net profit following an even more dynamic trend, at a rate close to 10%, around double the rate of EBITDA. Strong cash flow generation allowed for further decrease in net debt, which at 31 March 2018 was 2.5x the EBITDA: a level providing us with significant flexibility for the future.