Sioen Industries NV Announces Earnings Results for the Six Months Ended June 30, 2017
Sioen Industries NV announced earnings results for the six months ended June 30, 2017. For the period, the company reported net sales of EUR 237,653,000 against EUR 180,255,000 a year ago. EBIT was EUR 23,125,000 against EUR 26,129,000 a year ago. EBITDA was EUR 33,055,000 against EUR 31,683,000 a year ago. Recurring EBITDA was EUR 34,560,000 against EUR 32,235,000 a year ago. Profit before taxes was EUR 18,721,000 against EUR 21,425,000 a year ago. Profit for the period from continuing operations was EUR 12,063,000 against EUR 13,969,000 a year ago. Net cash flow was EUR 22,107,000 against EUR 19,402,000 a year ago. The net financial debt position increased from EUR 79.4 million at the end of last year, to EUR 145.9 million at the end of June 2017.