Resilux NV reported unaudited consolidated earnings results for the first half ended June 30, 2018. For the period, operating revenues were EUR 197,796,000 against EUR 165,623,000 a year ago. Operating cash flow – EBITDA was EUR 23,027,000 or EUR 11.37 per share against EUR 19,216,000 or EUR 9.49 per share a year ago. Operating result was EUR 14,665,000 or EUR 7.24 per share against EUR 11,497,000 or EUR 5.68 per share a year ago. Result before taxes was EUR 12,667,000 against EUR 10,160,000 a year ago. Net result, part of Group was EUR 9,928,000 or EUR 4.90 per share against EUR 7,822,000 or EUR 3.86 per share a year ago. Adjusted operating cash flow - EBITDA was EUR 23,027,000 or EUR 11.37 per share against EUR 20,225,000 or EUR 9.99 per share a year ago. Adjusted operating result was EUR 14,665,000 or EUR 7.24 per share against EUR 12,506,000 or EUR 6.18 per share a year ago. Adjusted result before taxes was EUR 12,667,000 against EUR 11,169,000 a year ago. Adjusted net result, part of Group was EUR 9,928,000 or EUR 4.90 per share against EUR 8,488,000 or EUR 4.19 per share a year ago. Cash outflow from operating activities was EUR 1,572,000 against cash inflow from operating activities of EUR 49,561,000 a year ago. Investments in tangible and intangible fixed assets was EUR 18,870,000 against EUR 8,744,000 a year ago.

Resilux expects that the investments made will also result in a growth of the operational cash flow (EBITDA) for the second half year of 2018 compared to the second half year of 2017. Resilux expects in the second half of 2018 to invest an amount of around EUR 15.0 million. This includes the building of a new pet-recycling factory in Bilten.