Hera posted a solid set of results for the first half with growth in all financial indicators, as seen in Q1. Revenues and EBITDA respectively increased by 10% to €2,754m and 7.6% to €505.9m, while net profit rose 16.5% to €141m. The positive performance was achieved in all businesses, especially with the contribution of recent acquisitions (Aliplast and the plant branch of Teseco). The group’s financial position remains in line with 2016’s with a slight increase in
26 Jul 2017
Solid organic growth in H1 with positive effects from acquisitions
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Solid organic growth in H1 with positive effects from acquisitions
Hera S.p.A. (HE9:FRA) | 0 0 1.2% | Mkt Cap: 4,120m
- Published:
26 Jul 2017 -
Author:
Juan Camilo Rodriguez -
Pages:
3
Hera posted a solid set of results for the first half with growth in all financial indicators, as seen in Q1. Revenues and EBITDA respectively increased by 10% to €2,754m and 7.6% to €505.9m, while net profit rose 16.5% to €141m. The positive performance was achieved in all businesses, especially with the contribution of recent acquisitions (Aliplast and the plant branch of Teseco). The group’s financial position remains in line with 2016’s with a slight increase in