Deoleo released its H1 results. Sales were up by 12.3%. Revenue by unit: North America (+18.6%), International markets (+8%), Southern Europe (14.95%) and Spain (+18.65%). EBITDA halved (€22.7m vs. €41.88m yoy) and the EBITDA margin was down by 610bp. EBITDA by unit: North America (+38.1%, +210bp), International markets (-16.27%, -280bp), Southern Europe (-48.22%, -420bp) and Spain (-58.77%, -410bp). Net debt rose to €542m (due to higher raw material prices). The company report
10 Aug 2015
Very poor H1 results
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Very poor H1 results
Deoleo, S.A. (0M0Q:LON) | 0 0 0.0% | Mkt Cap: 31.6m
- Published:
10 Aug 2015 -
Author:
Anna Zyniewicz -
Pages:
2
Deoleo released its H1 results. Sales were up by 12.3%. Revenue by unit: North America (+18.6%), International markets (+8%), Southern Europe (14.95%) and Spain (+18.65%). EBITDA halved (€22.7m vs. €41.88m yoy) and the EBITDA margin was down by 610bp. EBITDA by unit: North America (+38.1%, +210bp), International markets (-16.27%, -280bp), Southern Europe (-48.22%, -420bp) and Spain (-58.77%, -410bp). Net debt rose to €542m (due to higher raw material prices). The company report