Toupargel Groupe SA Reports Consolidated Earnings Results for the Six Months Ended June 30, 2017
Toupargel Groupe SA reported consolidated earnings results for the six months ended June 30, 2017. For the six months, the company reported sales of €135.3 million against €145.0 million a year ago. LBITDA was €1.4 million against EBITDA of €5.7 million a year ago. Loss from ordinary activities was €5.8 million against income from ordinary activities of €1.7 million a year ago. Operating loss was €5.8 million against operating profit of €1.7 million a year ago. Net loss was €4.2 million against net profit of €1.3 million a year ago. Cash flow negative was €2.4 million against cash flow of €4.5 million a year ago. Net debt as at June 30, 2017 was €34.1 million against €27.3 million a year ago. Capital expenditure was €1.8 million against €2.9 million a year ago. Net assets per share was €5.6 against €7.7 per share a year ago.