Aubay Société Anonyme Reports Group Earnings Results for the First Half of 2016; Revises Earnings Guidance for 2016
Aubay Société Anonyme reported group earnings results for the first half of 2016. For the period, the company reported revenue of 164,363,000 compared with 134,570,000 for the same period last year. Operating income was 13,904,000 compared with 9,578,000 for the same period last year. Net income from consolidated companies was 9,761,000 compared with 5,949,000 for the same period last year. Group net income was 9,761,000 compared with 5,884,000 for the same period last year. Net debt was 8.5 million.
The company has confirmed the revised targets announced in July during the release of its revenues for the first half of 2016, are revenues of 325 million, a current operating margin 9.1%.