Semapa, Results Q1 2017

Page created: Thursday, 11 May 2017 9:15GMT | Updated: Thursday, 11 May 2017 9:31GMT

Press Release:  11 May 2017 - 21 Page(s)
Tags:
Earnings Report   Q1 2017  Semapa
  1. Highlights

Turnover

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

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.

Net income

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.



Original title:  Presentation of Results 1st Quarter 2017

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