Q2 sales were clearly up by +13% (v: +2%, p: +7%; FX: +1%: portfolio: +3%) to €2,198m and the gross profit margin slightly improved by 40bp to 24.0%. EBITDA rose +9% to €383m and net profit attributable to shareholders came in at €160m after €147m. Operating CF strongly improved from €73m to €242m based on the good operating performance and additionally fuelled by lower NWC outflow (€-50m after €-179m). Due to lower expenditures (€-145m after &euro
02 Aug 2017
Tiny guidance upgrade on good performance
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Tiny guidance upgrade on good performance
Arkema SA (AKE:WBO) | 0 0 0.4% | Mkt Cap: 7,655m
- Published:
02 Aug 2017 -
Author:
Martin Schnee -
Pages:
3
Q2 sales were clearly up by +13% (v: +2%, p: +7%; FX: +1%: portfolio: +3%) to €2,198m and the gross profit margin slightly improved by 40bp to 24.0%. EBITDA rose +9% to €383m and net profit attributable to shareholders came in at €160m after €147m. Operating CF strongly improved from €73m to €242m based on the good operating performance and additionally fuelled by lower NWC outflow (€-50m after €-179m). Due to lower expenditures (€-145m after &euro