Natra Group Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015
October 25, 2015
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Natra Group reported consolidated earnings results for the third quarter and nine months ended September 30, 2015. for the quarter, the company reported net loss was EUR 7.47 million against EUR 11.80 million for the same period in the last year.
For the nine months, the company reported net business turnover of EUR 263,246 against EUR 265,466 for the same period in the last year. EBITDA was EUR 14,754 against EUR 9,527 for the same period in the last year. Profit from operations was EUR 6,332 against EUR 375,000 for the same period in the last year. Loss before taxes was EUR 5,094 against EUR 9,401 for the same period in the last year. Net loss attributable to shareholders of the main company was EUR 8,680 against EUR 13,059 for the same period in the last year. Net financial debt stood at EUR 163.33 million against EUR 153.08 million for the same period in the last year.
Natra SA is a Spain-based company principally engaged in the production and commercialization of cocoa derivates and chocolate products. The Company's product portfolio is divided into two areas: Consumer Goods and Industrial Goods. The Consumer Goods area focuses on manufacturing chocolate slabs, countlines, spreads, pralines and Belgian specialties, among others. The Industrial Goods division is responsible for cocoa grinding and distributing cocoa mass, butter and powder, bulk chocolate and chocolate powder, as well as industrial spreads and fillings, among others. The Company operates in Europe, North America and Asia. It owns a number of subsidiaries, such as Txocal Belgium NV, Natra US Inc, Habitat Natra SA, Natrajacali NV and Natra Chocolate UK Ltd.