FY18 Key Financials : Group sales grew by 5.6% to €2,464m (on organic basis: +2%) EBITDA fell by 13.4% to €311m, with currency having a negative impact of €4.4m EBITDA margin declined by 2.6 pp to 11.7%. In Q4: 14% EBITDA margin Net profit fell by 36% to €142m, while the FY17 net profit was positively driven by the tax-related measures approved in the USA, France and Italy (one-off extraordinary income of €56.5m). Excluding this external effect, net profit fell by 14%

28 Feb 2019
Disappointing FY18 set of results

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Disappointing FY18 set of results
Ebro Foods SA (AZU:FRA) | 0 0 1.2% | Mkt Cap: 3,139m
- Published:
28 Feb 2019 -
Author:
Laura Parisot -
Pages:
2 -
FY18 Key Financials : Group sales grew by 5.6% to €2,464m (on organic basis: +2%) EBITDA fell by 13.4% to €311m, with currency having a negative impact of €4.4m EBITDA margin declined by 2.6 pp to 11.7%. In Q4: 14% EBITDA margin Net profit fell by 36% to €142m, while the FY17 net profit was positively driven by the tax-related measures approved in the USA, France and Italy (one-off extraordinary income of €56.5m). Excluding this external effect, net profit fell by 14%