Deoleo released its Q1 update. Sales were down 16%, whereas the EBITDA margin contracted 70bp to 5.7%. The loss for the period stood at €9.8m. Net debt grew by +4.4% to €548.4m due to the seasonal effect of the crop campaign.
13 May 2016
Q1: another quarter with net loss
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Q1: another quarter with net loss
Deoleo, S.A. (0M0Q:LON) | 0 0 0.0% | Mkt Cap: 31.6m
- Published:
13 May 2016 -
Author:
Anna Zyniewicz -
Pages:
2
Deoleo released its Q1 update. Sales were down 16%, whereas the EBITDA margin contracted 70bp to 5.7%. The loss for the period stood at €9.8m. Net debt grew by +4.4% to €548.4m due to the seasonal effect of the crop campaign.