9m sales reached €44,253m (-1.6%), EBITDA €1,684m (-4.4%), EBIT before special items €992m (-7.9%) and net income €389m (-3%). EBIT was €1,170m and net income €460m which include the disposal of C&C Vietnam, while last year the (released) numbers were hit by a goodwill impairment at REAL, thus published numbers show a marked improvement. Net debt at the end of Q3 stood at €3,061m (down €2,069m after the Galeria Kaufhof and C&C Vietnam disposals)
02 Aug 2016
Q3 15/16: a bit weakish
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Q3 15/16: a bit weakish
9m sales reached €44,253m (-1.6%), EBITDA €1,684m (-4.4%), EBIT before special items €992m (-7.9%) and net income €389m (-3%). EBIT was €1,170m and net income €460m which include the disposal of C&C Vietnam, while last year the (released) numbers were hit by a goodwill impairment at REAL, thus published numbers show a marked improvement. Net debt at the end of Q3 stood at €3,061m (down €2,069m after the Galeria Kaufhof and C&C Vietnam disposals)