IMCD reports 15% EBITA growth in 2016
(Thomson Reuters ONE) -
Rotterdam, The Netherlands (8 March 2017) - IMCD N.V. ("IMCD" or "Company"), a
leading distributor of speciality chemicals and food ingredients, today
announces its full year 2016 results.
Highlights
· Revenue growth of 12% to EUR 1,714.5 million (+14% on a constant currency
basis)
· Gross profit growth of 15% to EUR 381.6 million (+18% on a constant currency
basis)
· Operating EBITA increased by 15% to EUR 147.8 million (+18% on a constant
currency basis)
· Net result before amortisation and non-recurring items of EUR 102.6 million
(2015: EUR 87.2 million)
· Cash earnings per share increased by 12% to EUR 2.01 (2015: EUR 1.79)
· Dividend proposal of EUR 0.55 in cash per share (2015: EUR 0.44)
Piet van der Slikke, CEO: "We achieved another year of growth by consistently
executing our long term strategy of developing the business by organic growth
and by selected acquisitions. Our focus on technical expertise and operational
excellence and the diversity of our product, market and geographical
coverage, contributed to a continued growth of gross profit, EBITA and cash flow
in 2016. We believe that our strong business model is well positioned to benefit
from mega trends which favour the use of speciality chemicals and innovative
food ingredients. For 2017, we are optimistic about our opportunities to further
increase value for our business partners and shareholders."
PRESS RELEASE_IMCD FY 2016 results:
http://hugin.info/164110/R/2085979/786969.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: IMCD N.V. via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 08.03.2017 - 07:00 Uhr
Sprache: Deutsch
News-ID 528840
Anzahl Zeichen: 2057
contact information:
Town:
Rotterdam
Kategorie:
Business News
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