The group continues on its positive path, confirmed by the 9-month results, as revenue increased to €3.25bn (+8.5% ytd), with EBITDA increasing by 2.2% ytd to €640m, below the increase in sales due mainly to the upward move in raw material costs (+18%). Operating profit increased by 1.4% ytd to €317m as depreciation expenses increased by 2.9%. Attributable net profit reached €125m, which is a 12.5% increase mainly due to lower taxes and lower interest expenses; however, on
12 Nov 2015
Strong cash flow generation fully covers additional acquisitions
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Strong cash flow generation fully covers additional acquisitions
Hera S.p.A. (HE9:FRA) | 0 0 1.2% | Mkt Cap: 4,120m
- Published:
12 Nov 2015 -
Author:
Juan Camilo Rodriguez -
Pages:
3
The group continues on its positive path, confirmed by the 9-month results, as revenue increased to €3.25bn (+8.5% ytd), with EBITDA increasing by 2.2% ytd to €640m, below the increase in sales due mainly to the upward move in raw material costs (+18%). Operating profit increased by 1.4% ytd to €317m as depreciation expenses increased by 2.9%. Attributable net profit reached €125m, which is a 12.5% increase mainly due to lower taxes and lower interest expenses; however, on