Q2 sales were again clearly impacted by Diana, moving up strongly +40% (organic: +5%) to €663m as Diana contributed €134m. The gross profit margin weakened from 44.7% to 43.5% and EBITDA swelled +41% to €152m. Net profit attributable to shareholders strongly increased +33% to €66m. H1 operating CF dropped 21% to €86m as NWC outflow was up from €-91m to €-208m, seeing higher receivables and income taxes. Looking at Q2, NWC moved from €-36m to €-127m
06 Aug 2015
NWC significantly up and negative FCF in Q2
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NWC significantly up and negative FCF in Q2
Symrise AG (SY1:WBO) | 0 0 1.0% | Mkt Cap: 8,612m
- Published:
06 Aug 2015 -
Author:
Martin Schnee -
Pages:
2
Q2 sales were again clearly impacted by Diana, moving up strongly +40% (organic: +5%) to €663m as Diana contributed €134m. The gross profit margin weakened from 44.7% to 43.5% and EBITDA swelled +41% to €152m. Net profit attributable to shareholders strongly increased +33% to €66m. H1 operating CF dropped 21% to €86m as NWC outflow was up from €-91m to €-208m, seeing higher receivables and income taxes. Looking at Q2, NWC moved from €-36m to €-127m