Resilux NV reported consolidated earnings results for the year ended December 31, 2016. For the year, the company reported turnover of €293.667 million against €291.559 million a year ago, this is mainly the result of lower average raw material prices during 2016 compared to 2015. As known the company can pass on fluctuations in raw material prices to the customers. Operating revenues were €326.015 million against €295.579 million a year ago. Operating cash flow - EBITDA was €60.819 million or €30.04 per diluted share against €38.468 million or €19.00 per diluted share a year ago. Operating result was €46.426 million or €22.93 per diluted share against €24.219 million or €11.96 per diluted share a year ago. Result before taxes was €45.044 million against €21.683 million a year ago. Net result, part of group was €40.807 million or €20.15 per diluted share against €17.866 million or €8.82 per diluted share a year ago. Net financial debt (excluding subordinated loans) was €22.319 million. Adjusted operating revenue was €300.361 million against €295.579 million a year ago. Adjusted Operating cash flow - EBITDA was €40.168 million or €19.84 per diluted share against €295.579 million or €19.00 per diluted share a year ago. Adjusted Operating result was €25.775 million or €12.73 per diluted share against €24.219 million or €11.96 per diluted share a year ago. Adjusted Result before taxes was €24.393 million against €21.683 million a year ago. Adjusted net result, part of group was €19.174 million or €9.47 per diluted share against €17.866 million or €8.82 per diluted share a year ago. Cash flow from operating activities was €43.876 million against €37.282 million a year ago. Investments in tangible and intangible fixed assets were €20.668 million against €15.768 million a year ago.

For the year 2017, the company expects that the results for the full year of 2017, will be in line with the results for 2016, excluding the impact of the sale of the shares of Joint Venture Airolux AG.