F.G. Europe S.A. Announces Parent and Group Earnings Results for the First Quarter of 2015
The Group's total sales amounted to EUR 21.96 million from EUR 14.65 million in the corresponding period of 2014, increased by 49.9%. The net financial result of the Group increased to EUR 1.75 million against EUR 1.11 million (cost) occurred in first quarter of 2014, mainly due to exchange differences charged to the Parent Company. The net after taxes profit of the Group amounted to EUR 2.03 million in against loss of EUR 0.78 million in the previous corresponding period of 2014. Group's pre-tax profitability rose to EUR 3.27 million from losses EUR 0.94 million in the corresponding period. EBITDA for the Group was EUR 5.47 million against EUR 1.33 million in the same period in 2014.