CFE Reports Consolidated Earnings Results for the Year Ended December 31, 2017
CFE reported consolidated earnings results for the year ended December 31, 2017. For the period, the company reported revenue of EUR 3,066.525 million compared to EUR 2,797.085 million a year ago. Income from operating activities was EUR 267.157 million against EUR 227.570 million a year ago. Operating income was EUR 249.447 million against EUR 226.786 million a year ago. Pre-tax income was EUR 227.181 million against EUR 202.832 million a year ago. Net income for the period was EUR 178.751 million against EUR 172.252 million a year ago. Earnings per basic and diluted share were EUR 7.13 against EUR 6.65 a year ago. Cash flow from operating activities was EUR 628.845 million against EUR 424.614 million a year ago. Net financial debt was EUR 351.9 million against EUR 213.1 million a year ago. ROE was 11.9% against 11.8% a year ago. EBITDA was EUR 456.2 million against EUR 450.1 million a year ago.