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11.11.2015 07:00:36
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IMCD reports 17% EBITA growth in the first nine months of 2015 (including acquisitions)
Rotterdam, The Netherlands (11 november 2015) - IMCD N.V. ("IMCD" or "Company"), a leading distributor of specialty chemicals and food ingredients, today announces the first nine months 2015 results.
Highlights
- Gross profit growth of 14% to EUR 249.4 million (+11% on a constant currency basis)
- Operating EBITA increase of 17% to 96.3 EUR million (+14% on a constant currency basis)
- Net result before amortisation and non-recurring items EUR 63.6 million (first nine months of 2014: EUR 35.1 million)
- Cash EPS EUR 1.20
Piet van der Slikke, CEO, commented: 'We can look back on a good first nine months of 2015. Cash generation is in line with our objectives and the contribution to growth came from existing businesses and from newly acquired companies, mainly US based MF Cachat. The integration with Cachat is on track. We remain focussed on margin improvement and optimising the execution of our business model.'
This announcement is distributed by Nasdaq OMX Corporate Solutions on behalf of NASDAQ OMX 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
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
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