Holland Colours NV Reports Unaudited Consolidated Earnings Results for the Six Months Ended September 30, 2017
Holland Colours NV reported unaudited consolidated earnings results for the six months ended September 30, 2017. For the period, the company reported revenue of €42,429,000 against €39,022,000 a year ago. Operating results were €4,615,000 against €3,969,000 a year ago. Net result was €3,330,000 against €2,603,000 a year ago. Net result attributable to shareholders of the company was €3,257,000 or €3.79 per share against €2,612,000 or €3.04 per share a year ago. Cash flow used in operating activities was €98,000 against cash flow from operating activities of €2,408,000 a year ago. Capital expenditures, net of disposals were €1,214,000 against €1,264,000 a year ago. Net cash outflow was €3,817,000 against €837,000 a year ago. Return on average invested capital was 24.2% against 23.4% a year ago. Return on average shareholders' equity was 16.7% against 13.4% a year ago.