Matrix IT Ltd. announced consolidated earnings results for the fourth quarter and year ended December 31, 2016. For the quarter, the company reported turnover of ILS 684,513,000 compared to ILS 586,549,000 a year ago. Operating profit was ILS 55,092,000 compared to ILS 47,559,000 a year ago. Profit before taxes was ILS 48,530,000 compared to ILS 43,328,000 a year ago. Net profit was ILS 33,813,000. EBITDA was ILS 62,883,000 compared to ILS 54,571,000 a year ago. For the year, the company reported turnover of ILS 2,544,553,000 compared to ILS 2,280,150,000 a year ago. Operating profit was ILS 187,277,000 compared to ILS 160,106,000 a year ago. Profit before taxes was ILS 162,431,000 compared to ILS 136,179,000 a year ago. Net profit was ILS 114,294,000 compared to ILS 98,986,000 a year ago. EBITDA was ILS 212,293,000 compared to ILS 183,989,000 a year ago.