Third quarter results 2016

Thursday, 17 November 2016.

Company consolidates company improved performance with 23%increase on EBITDA reaching €18.2 million.

First semester good performance stood on third quarter with 1.6% sales level growth up to € 267.5 million   (9M 2015: € 263.3 million). Focus on direct production costs, mainly in staff and logistics costs, together with other operating expenses better performance, turned into a significant improvement on EBITDA up to € 18.2 million (9M 2015: €14.6 million), representing a 6.8% EBITDA margin (9M 2015: 5.6%).

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