For the fiscal year ending December 31st 2018 Baraclit reported € 70,5 M revenues, € 2,3 M EBITDA, and a sharp decrease in net debt, down to € 2,3M from € 4,8 M in EOY 2017. Luca Bernardini, appointed as Baraclit’s CEO in July 2019 and serving as COO until then, led the turnaround effort by improving profitability and expanding the Contract and Power businesses.