2016 Full-Year Results

Feb 9, 2017
  • Operating margin up 24% year on year to 242 million euros despite a 1.2% organic decrease in sales volumes. Excluding the Oil & Gas sector – which declined by 27% – overall consolidated sales rose by 0.7%.
  • Return to profit for the Group, with 61 million euros in net income for the year versus a 194 million euro net loss in 2015.
  • Net debt stable at 211 million euros at December 31, 2016, despite an 86 million euro cash outflow for restructuring costs.
  • Proposed dividend of 0.5 euro per share.


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2016 Full-Year Results


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