GAM Reduces his debt in 100 million euros and improves his results 83%
16 September 2013
Like this, in comparison with the same period of the previous year, the net result of the company improves 83%, happening of some losses of 57,6 million euros in June of 2012 to 9,7 million euros in the present exercise.
On the other hand, the net financial debt exigible of the company rises, to 30 June 2013, to 256 million euros, to which it is necessary to add 74 million euros of participatory convertible instruments.
This supposes a reduction of the financial indebtedness of 100 million euros (256 millions in front of 355 millions), 28% with regard to the same period of the previous year.