2015 half-year results: Growth in business activity on the four product segments
Current operating income: €30.1 M, an increase of more than 52%. Net financial debt down 36% to €53 M.
Guerbet has reported its consolidated half-year results:
Good sales performance
Revenue for the 1st half of 2015 increased by 12.2% (8.1% at constant exchange rates) to €227.3 M, compared with €202.6 M at 30 June 2014, with a positive contribution to growth of 16.2% for the 1st quarter and 8.6% for the 2nd quarter of 2015.
Strong earnings growth and increased margins
Thanks to the strong growth in activity, the Group’s earnings increased sharply.
Ongoing debt reductionAt 30 June 2015, Guerbet has reduced its net debt by nearly €30 M to €53.4 M.