Trading update Q3 2016: revenue increases by 5.8%. Germany under pressure.
Uden, 28 October 2016
First nine months
- Net revenue increased by 5.7% to € 298.7 million (like-for-like order intake: +2.2%).
- Gross profit rose by 40 bps to 57.0%.
- Expenses increased by 8.7% to € 154.2 million.
- EBITDA decreased by 4.5% to € 24.5 million.
Third quarter
- Net revenue increased by 5.8% to € 102.0 million (like-for-like order intake: -0.3%).
- Gross profit rose by 30 bps to 56.9%.
- Expenses increased by 14.2% to € 53.8 million.
- EBITDA decreased by 27.1% to € 7.4 million.
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