Rougier S.A. Reports Consolidated Earnings Results for the First Half of 2014; Provides Earnings Guidance for 2014
Rougier S.A. reported consolidated earnings results for the first half of 2014. For the period, the company reported revenues of 72,478,000 compared with 65,267,000 for the same period last year. EBITDA was 6,532,000 compared with 446,000 for the same period last year. Income from ordinary operations was 2,599,000 compared with loss from ordinary operations of 4,415,000 for the same period last year. EBIT was 2,510,000 compared with LBIT of 8,078,000 for the same period last year. Net income was 177,000 compared with Net loss of 10,194,000 for the same period last year. Net income (Group share) was 60,000 compared with 6,596,000 for the same period last year. Cash flow from operations was 4,295,000 compared with negative cash flow from operations 2,051,000 for the same period last year.
The outlook for the full year in 2014 is consistent with the trends that have been taking shape since the second half of 2013.