Main highlights of the January-September 2015 results :
+14.6% year-on-year growth in net profit from continuing operations to €86.6 million.
+16.5% year-on-year growth in EBITDA to €158.8 million, an improvement of 1.7 pp in the EBITDA margin to 28.6%.
+9.8% year-on-year growth in consolidated revenue to €555.9 million driven by sales volumes.
A 98.7% decline in net bank debt to €0.9 million from €74.6 million in December 2014.
According to José Domingo de Ampuero y Osma, chairman of Viscofan:
“The company continues to perform well in operating terms, with growth in revenue and profitability and a robust balance sheet despite competitive pressure, enabling us to strengthen our leadership and deepen our commitment to the casings market”.
source : Viscofan Group 9M15 results, October 22, 2015
