Stada released preliminary FY15 numbers. Sales are expected to have reached €2,115.1m (+4% at CER and constant scope), EBITDA €377.1m (-10%), adj. EBITDA €389.4m (-10%), net income €110m (+71%) and €165.8m (-11%) on an adjusted basis. The increase in reported net income (€110.4m vs €64.6m) is mainly attributable to far higher impairments in FY14. Net debt is expected at €1,215.7m. The dividend proposed will be €0.70 (after €0.66 in FY14).
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Preliminary FY15: no reason to get excited
- Published:
29 Feb 2016 -
Author:
Fabrice Farigoule -
Pages:
2
Stada released preliminary FY15 numbers. Sales are expected to have reached €2,115.1m (+4% at CER and constant scope), EBITDA €377.1m (-10%), adj. EBITDA €389.4m (-10%), net income €110m (+71%) and €165.8m (-11%) on an adjusted basis. The increase in reported net income (€110.4m vs €64.6m) is mainly attributable to far higher impairments in FY14. Net debt is expected at €1,215.7m. The dividend proposed will be €0.70 (after €0.66 in FY14).