Reuters logo
5 months ago
BRIEF-Refresco Group FY net income nearly doubles to 82 million euros
March 9, 2017 / 7:14 AM / 5 months ago

BRIEF-Refresco Group FY net income nearly doubles to 82 million euros

March 9 (Reuters) - Refresco Group NV:

* FY volume 6.46 billion liters versus 6.10 billion liters year ago

* FY revenue 2.11 billion euros ($2.22 billion) versus 2.02 billion euros year ago

* FY net income 82 million euros versus 42 million euros year ago

* FY adjusted EBITDA 222 million euros versus 216 million euros year ago

* FY gross profit margin 14.2 euro cents per liter (FY 2015: 14.2 euro cents/liter)

* Proposed cash dividend of 0.38 euro per share, subject to shareholder approval

* In the medium term co targets an average organic volume growth in the low to mid-single digits based on current market outlook

* For 2017 expects the gross profit margin per liter to come down due to the change in product mix relating to the integration of the acquisitions in 2016 Source text for Eikon: Further company coverage: ($1 = 0.9490 euros) (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below