Results preview: Year 2015
29 February 2016
Reig Jofre confirms growth of all its economic indicators in 2015.
- The positive performance of the business, along with low debt levels and a lower tax burden, enabled the company to end 2015 with a net profit of € 8.75 million, 27.6% higher than in pro-forma 2014 year-end.
- Reig Jofre closed 2015 with sales of € 156.91 million (+2.9%), EBITDA of € 17.15 million (+14.3%) and income before taxes of € 11.01 million (+19.2%).
- The company closed the year with gross financial debt of € 23.58 million and cash position of € 9.65 million, thus keeping net financial leverage below 1 time EBITDA.
- As a result of the merger in December 2014, Reig Jofre had to present as 2014 year-end results figures only from the last quarter of 2014. The company will present detailed 2015 figures and the business evolution compared to proforma full year 2014 on Tuesday, March 2 at 10.30 hours CET at Madrid Stock Exchange, and at Barcelona Stock Exchange on the same day at 18.00 CET.