Cognor S.A. Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2016
Cognor S.A. announced consolidated earnings results for the first quarter ended March 31, 2016. For the quarter, the company reported revenue of PLN 355,672,000 against PLN 370,782,000 a year ago. EBIT was PLN 4,907,000 against PLN 7,603,000 a year ago. Loss before tax was PLN 8,696,000 against profit before tax of PLN 12,955,000 a year ago. Loss was PLN 6,549,000 against profit of PLN 8,033,000 a year ago. EBITDA was PLN 13,799,000 against PLN 16,642,000 a year ago. Adjusted EBITDA was PLN 12,869,000 against PLN 18,914,000 a year ago. Adjusted net loss was PLN 5,868,000 against PLN 8,186,000 a year ago. Operating activities was PLN 29,016,000 against negative of PLN 3,953,000 a year ago. Net debt was PLN 413,318,000 against PLN 472,714,000 a year ago.