Amsterdam Commodities N.V. Reports Unaudited Consolidated Earnings Results for the First Half Ended June 30, 2018
Amsterdam Commodities N.V. reported unaudited consolidated earnings results for the first half ended June 30, 2018. For the year, the company reported sales of EUR 335,899,000 compared to EUR 354,160,000 a year ago. EBITDA was EUR 25,053,000 compared to EUR 28,416,000 a year ago. Operating profit was EUR 22,557,000 compared to EUR 25,824,000 a year ago. Profit before income tax was EUR 20,721,000 compared to EUR 21,166,000 a year ago. Net profit was EUR 15,514,000 or EUR 0.630 per basic and diluted share compared to EUR 17,394,000 or EUR 0.706 per diluted share a year ago. Return on equity was 16.5% compared to 18.8% a year ago. Net cash generated from operating activities of EUR 13,724,000 compared to EUR 27,182,000 a year ago.