RECYLEX Suresnes, June 4, 2018: Recylex S.A. (Euronext Paris : FR0000120388 - RX) is publishing today the presentation for the Combined General Meeting of shareholders which will be held on Tuesday June 5, 2018 at 10.00 am in Paris.
This presentation is available on the Company's website on the following link: http://www.recylex.fr/en,actionnaires-investisseurs,assemblees-generales,2018,presentation-assemblee.html.
Within the scope of the preparatory works for this General Meeting, the Company has found out a mistake in its "restated" financial indicators published in its press release of Friday April 13, 2018 on its 2017 Annual Results.
However, the Company points out that only the "restated" financial data published in its press release of Friday April 13, 2018 are concerned by this correction. All the IFRS financial data published in its press release of April 13, 2018, as well as all the IFRS and "restated" financial data published in its 2017 Financial Annual Report, are correct.
Below are the corrected "restated" financial indicators:
2017 Restated consolidated financial data
| (€ million) | Year to December 31, 2017 | Year to December 31, 2016 | Change |
| EBITDA1 restated2 | 39.6 | 19.3 | +20.3 |
| Restated2 operating income/(loss) before non-recurring items | 30.4 | 9.0 | +21.4 |
1 Operating income before non-recurring items and before additions to and reversals from amortization, depreciation, provisions and impairment losses (non-IFRS indicator).
2 To assess the performance of its Lead segment, the Group uses the LIFO ("Last in first out", not permitted under IFRS) method in its internal reporting to measure inventories for its main lead smelter in Nordenham. To assess the performance of the Zinc segment, the Group also releases restated financial data including the contribution from 50%-owned Recytech S.A. consolidated proportionately, even though this method is not permitted under IFRS. See Note 19 to the 2017 consolidated financial statements.
As a reminder, the Company has issued its press release on the Financial Information for the First Quarter 2018 on April 26, 2018.
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Regenerating the urban mines
With operations in France and Germany, Recylex is a European group specialized in lead, plastics and zinc recycling, as well as a producer of special metals. A key player in the circular economy with long-standing expertise in urban waste recovery, the Group has more than 660 employees in Europe and generated consolidated sales of €450 million in 2017. For more information about Recylex Group: www.recylex.fr and on twitter: @Recylex
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Press/Investor contact:
Gabriel ZEITLIN
+ 33 (0)1 58 47 29 89
gabriel.zeitlin@recylex.fr
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: RECYLEX SA via Globenewswire
