Rougier Group records 3% drop in revenue to EUR76 Mn in 1H/2017

The Rougier Group’s revenues for the first half of 2017 were down three per cent year-on-year to EUR76 Mn. EBITDA increased by 5.5 per cent to EUR4.2 Mn. Earnings are higher compared to the first half of 2016 despite the contraction in revenues. Income from ordinary operations broke even, up EUR0.4 Mn from last year.

EBIT improved to reach EUR2.7 Mn, compared with a EUR0.6 Mn loss for the first half of 2016. These factors in the capital gain were recorded by the holding company during the first half of 2017 during the sale of an investment property in France for EUR3.3 Mn.

 

Source: Lesprom Network