Total revenues at 31 March 2014 increased by 4% to EUR 551.6 million (EUR 531.2 million in Q1 2013), thanks to the positive trend of contributions from Europe (Turkey, Poland) and North America (Canada). Said results were achieved despite the seasonal trend that is typical of winter periods – even more marked given the importance of countries such as Russia and Canada – that will be “absorbed” during the second quarter. It is important to note how, at the present time, the Group’s activities are mainly concentrated in areas (Europe, Canada, Peru, Chile) with a lower risk profile than in the past, also thanks to the Group’s ongoing risk management activities that ensure greater stability for the growth process, and in turnover and margins.
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