Alno Group Reports Preliminary Earnings Results for the Third Quarter and Nine Months Ended September 2015
October 27, 2015 at 03:30 am
ALNO Group reported preliminary earnings results for the third quarter and nine months ended September 2015. For the period, the company reported sales of 392.9 million that is 14.0 million or 3.7% more than in the comparable period of the previous year (378.9 million). EBITDA - corrected to take account of special effects improved by 20.2 million or 90% from LBITDA of 22.4 million to LBITDA of 2.2 million. Including special effects the EBITDA in the first nine months of this year amounts to 22.5 million. This includes effects from the deconsolidation of Impuls Kichen GmbH as at 30 June 2015, amounting to about 25 million. In the comparable period of the previous year, the EBITDA amounted to 29.9 million including about 52 million of special effects from the takeover of AFP.
In the third quarter of 2015 alone, the ALNO Group improved its sales by 7.7 million or 6.9% to 119.9 million (previous year: 112.2 million). EBITDA - without special effects - climbed by 8.0 million or 96% to 0.3 million (previous year: negative 8.3 million). ALNO had already reported increases in the sales and profit/loss (adjusted for special effects) as early as the first and second quarters this year.