- Solid past performance
- Successful integration of acquisitions
- Results up significantly: EBITA + 33%, Net Income : + 49%
- Heading into Year 3 of the Ambition 2020 plan
"PSB INDUSTRIES achieved outstanding results for 2015, borne by strong growth and continuous improvements to operational performance thanks to the strategy initiated in 2013. This despite the complex macroeconomic environment, which requires us to be ever more careful in the way we oversee our business units. Drawing on our reputation in all our markets, our high level of customer satisfaction, and, after the three recent acquisitions, our increasingly global offerings, our group has the means and the motivated team needed to continue creating value, both under the Ambition 2020 plan and beyond."
Variation
Olivier Salaun, - Chairman and CEOConsolidated data | |||
(in €million) | 2015 | 2014 | Change |
Revenues | 329.3 | 262.0 | + 25.7% |
EBITA (earnings before interest, taxes, and goodwill amortizations) | 30.2 | 22.8 | + 32.6% |
In % of revenues | 9.2% | 8.7% | |
EBIT (operating income) | 29.5 | 22.7 | + 30.1% |
In % of revenues | 9.0% | 8.7% | |
Consolidated net income | 20.8 | 13.9 | + 49.2% |
In % of revenues | 6.3% | 5.3% |
This increase in revenues confirms that the group's development is picking up the pace in accordance with the plan launched in 2014. The year 2015 was marked by the successful integration of Plastibell, which allowed the group to make considerable strides in the strategic health & industry market.
Group activities now break down by market as follows: 44% Luxury & Beauty (49% in 2014), 28% Healthcare & Industry (17% in 2014), 15% Food & Distribution (18% in 2014), and 13% Specialty
Chemicals (16% in 2014).
After being transformed, structured, and reinforced by three major acquisitions, including TOPLINE PRODUCTS in February 2016, PSB INDUSTRIES Group had the wind in its sails as we entered the third year of our plan, with a new level of business that should enable us to achieve revenues of €400 million in the next 12 months.
Next release: Q1 2016 revenues on April 11, 2016
PSB INDUSTRIES is an innovation-driven industrial group with leadership positions in packaging and specialty chemicals. In 2015 the group reported consolidated revenues of €329.3 million, including more than 60% from international revenues. The group has production plants in France, the United States, Poland, Japan, and Mexico.
PSB Industries SA issued this content on 11 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 March 2016 16:51:06 UTC
Original Document: http://en.psbindus.com/public/resources/block/2b/1501_0_56e6ea06cf7c8.pdf