Teraplast S.A. announced unaudited consolidated and standalone earnings results for the first quarter ended March 31, 2017. For the period, the company reported, consolidated revenue of RON 66,578,000 against RON 86,909,000 a year ago. Profit before tax was RON 2,081,000 against RON 8,958,000 a year ago. Consolidated profit for the period was RON 1,653,000 against RON 7,058,000 a year ago. EBITDA was RON 6,592,000 against RON 13,410,000 a year ago. Consolidated result for the period thereof attributable to stockholders of Teraplast SA was RON 1,578,000 against RON 7,038,000 a year ago. Turnover decreasing by 23% as compared to the similar period of 2016, based on the sales decrease on the infrastructure market, because of the delay in the launch of water and sewage projects, but also based on the decrease of compounds sales, as a result of Romcab insolvency.

For the period, the company reported, standalone revenue of RON 37,562,000 against RON 60,703,000 a year ago. Profit before tax was RON 641,000 against RON 11,004,000 a year ago. Profit for the period was RON 597,000 against RON 9,493,000 a year ago. Comprehensive earnings per share was RON 0.001 against RON 0.025 a year ago.

Teraplast Group estimates for 2017 a consolidated turnover of RON 434.6 million and a net profit of RON 38.1 million. The estimated EBITDA value in 2017 is of RON 63.3 million.