Brief: Deceuninck H1 2017 sales increase 2.6 pct to 338.7 million euros

Deceuninck NV

24/08/2017 06:12

Aug 24 (Reuters) - DECEUNINCK NV  DECB.BR : 
    * H1 2017 SALES INCREASED 2.6% TO  338.7 MILLION 
    * H1 EBITDA EUR 33.3 MILLION VERSUS EUR 34.6 MILLION YEAR 
AGO 
    * NET FINANCIAL DEBT ON 30 JUNE 2017 AMOUNTED TO EUR 108.3 
MILLION COMPARED TO EUR 109.1 MILLION ON 30 JUNE 2016 
    * H1 NET PROFIT EUR 8.2 MILLION VERSUS EUR 13.1 MILLION YEAR 
AGO 
    * NEW EXTRUSION FACILITY IN COLOMBIA IS BEING BUILT WHICH IS 
EXPECTED TO BE OPERATIONAL AS OF Q4 2017 
    * GROWTH IS EXPECTED TO CONTINUE THROUGHOUT 2017 
    * ANTICIPATES CONTINUED HEADWIND FROM HIGHER RAW MATERIAL 
PRICES AND ADVERSE CURRENCY MOVEMENTS 
 
Source text: http://bit.ly/2isFyul 
Further company coverage:  DECB.BR  
 
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