In the first quarter of 2017 the Semapa Group recorded a consolidated turnover of 521.5 million euros, an increase of 5.0% from the same period in the previous year. Exports and foreign sales amounted to 401.4 million euros: 77.0% of turnover.
EBITDA in the first quarter of 2017 grew by 0.6% in relation to the same period in the previous year, standing at 111.2 million euros. The consolidated margin stood at 21.3%, 0.9 p.p. lower than in the first quarter of 2016.
Earnings before taxes decreased by 1.4% and net profit stood at 14.3 million euros, down by 18.7% in relation to the same period in the previous year due to the negative evolution of income tax.