According to ZF’s calculations based on data from the Bucharest Stock Exchange, the company’s revenue rose 17.4% to RON91.6 million, while debt rose 15% to RON65.3 million.

Equity capitals stood at  RON113 million, down 6.3% compared with the year-ago period. Turnover, at 91.5 million, was above the target set by the Q1-Q3 average of the last three years, i.e. RON76.5 million, the company said in its financial report published on the Bucharest Stock Exchange.

Turbomecanica shares have gained 2.6% on a traded volume of RON5.7 million since the beginning of the year.

(English version by Loredana Fratila-Cristescu)