Elma Electronic AG Reports Consolidated Earnings Results for the Full Year of 2016
Elma Electronic AG reported consolidated earnings results for the full year of 2016. For the period, the company reported consolidated net sales were CHF 130,308,000 compared with CHF 119,109,000 a year ago. EBITDA was CHF 6,369,000 compared with CHF 5,496,000 a year ago. EBIT was CHF 3,525,000 compared with CHF 2,905,000 a year ago. EBITA was CHF 3,525,000 compared with CHF 2,905,000 a year ago. Net profit was CHF 2,335,000 compared with CHF 2,340,000 a year ago. Cash flow used in activities was CHF 1,063,000 compared with cash flow from operating activities of CHF 5,489,000 a year ago. Investments in tangible assets were CHF 3,078,000 compared with CHF 2,872,000 a year ago. Investments in intangible assets were CHF 138,000 compared with CHF 145,000 a year ago. Free cash outflow was CHF 4,242,000 compared with CHF 3,844,000 a year ago. Net debts rose by CHF 4.4 million to CHF 22.5 million against CHF 18.1 million a year ago, as a result of investments in net working capital.