Sapmer SA Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2016
March 30, 2017 at 11:53 am EDT
Sapmer SA reported audited consolidated earnings results for the year ended December 31, 2016. For the year, the company reported revenues of EUR 129.5 million compared to EUR 87.2 million a year ago. EBITDA was EUR 30.0 million compared to EUR 5.7 million a year ago. Operating income (EBIT) was EUR 16.8 million compared to operating loss (LBIT) of EUR 1.5 million a year ago. Profit before tax was EUR 14.1 million against loss before tax of EUR 4.6 million a year ago. Net income, group share was EUR 12.1 million compared to net loss of EUR 6.1 million a year ago. Financial net debt was EUR 77.4 million.