Europac Group Reports Earnings Results for Nine Months Ended September 30, 2018
Europac Group reported earnings results for nine months ended September 30, 2018. For the period, the company’s net profit was €79.1 million against €58.2 million a year ago. Aggregate sales amounted to €943.6 million, 7.6% up on the figure posted in the first nine months of last year. The recurrent EBITDA figure rose by 50.9% on the third quarter of 2017, amounting to €157 million. Consolidated EBITDA was €150.2 million. Consolidated EBIT over the period stood at €113.6 million, 45.7% higher than in the first nine months of 2017.