Abengoa has finally reported its H1 17 results: Revenue was unchanged yoy at €691m (+0.4% versus €688m in H1 16) but EBITDA improved to €16m versus €-59m in H1 16 and reached +€117m adjusted for one-off items corresponding to a 19.9% margin. EBIT was a loss of €281m due to asset impairments and non-recurrent financial income from the debt write-off which drove Abengoa’s net profit to €4,906m for the period. Abengoa has been awarded €761m in new co
29 Sep 2017
Still mainly focused on the restructuring plan
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Still mainly focused on the restructuring plan
Abengoa has finally reported its H1 17 results: Revenue was unchanged yoy at €691m (+0.4% versus €688m in H1 16) but EBITDA improved to €16m versus €-59m in H1 16 and reached +€117m adjusted for one-off items corresponding to a 19.9% margin. EBIT was a loss of €281m due to asset impairments and non-recurrent financial income from the debt write-off which drove Abengoa’s net profit to €4,906m for the period. Abengoa has been awarded €761m in new co