IMCD reports 9% EBITA growth in the first three months of 2017

Mittwoch, 10.05.2017 07:05

Rotterdam, The Netherlands (10 May 2017) - IMCD N.V. ("IMCD" or "Company"), a leading distributor of speciality chemicals and food ingredients, today announces its first three months 2017 results.

Highlights
· Gross profit growth of 11% to EUR 106.4 million (+9% on a constant currency basis)
· Operating EBITA increase of 9% to EUR 42.7 million (+8% on a constant currency basis)
· Net result before amortisation and non-recurring items increase of 11% to EUR 29.4 million (+8% on a constant currency basis)
· Cash earnings per share increased by 12% to EUR 0.56

Piet van der Slikke, CEO: "The year started very well with an EBITA growth of 9%, strong free cash flow and an increase of cash earnings per share of 12%. In particular EMEA outperformed with 14% EBITA growth. The results in Asia-Pacific were in line with expectations whereas the Americas were disappointing, mainly because Brazil underperformed versus a strong Q1 2016. Overall, we are optimistic and expect another year of growth of our results."

Please find attached the full press release.




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: IMCD N.V. via Globenewswire

Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte.