Aalberts Industries N.V.: Net profit and earnings per share +12%
28/02/2017 6:30am
GlobeNewswire
Langbroek, 28 February 2017 | |
Highlights
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Revenue +2% to EUR 2,522 million (organic +1.1%)
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Operating profit (EBITA) +10% to EUR 298 million; EBITA-margin 11.8%
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Net profit before amortisation +12% to EUR 212 million; Earnings per share EUR 1.92 (+12%)
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Cash flow from operations +16% to EUR 383 million; Free cash flow +12% to EUR 273 million
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Return on Capital Employed (ROCE) improved to 14.7% (2015: 14.3%)
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Many organic growth and innovation initiatives; Capex EUR 106 million (2015: EUR 96 million)
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Bolt-on acquisitions: Ushers, Schroeder, Tri-Went, Shurjoint and as of 2017 Vin Service
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Source: Aalberts Industries N.V. via Globenewswire