Toupargel Groupe SA Announces Consolidated Earnings Results for the First Half and Sales Results for the Second Quarter Ended June 30, 2016; Provides Capital Expenditure Guidance for the Full Year 2016
Toupargel Groupe SA announced consolidated earnings results for the first half and sales results for the second quarter ended June 30, 2016. For the first half, the company reported sales of 145.0 million against 151.8 million a year ago. EBITDA was 5.7 million against 4.4 million a year ago. Operating profit was 1.7 million against loss of 0.4 million a year ago. Net profit, group share was 1.3 million against loss of 0.2 million a year ago. EPS was 0.12 against LPS of 0.02 a year ago. Cash flow was 4.5 million against 3.2 million a year ago. Cash flow per share was 0.4 against 0.3 a year ago. Net debt as of June 30, 2016 was 27.3 million against 32.3 as of June 30, 2015. Capital expenditure was 2.9 million against 2.5 million a year ago.
For the quarter, the company reported sales of 70.4 million against 72.4 million a year ago.
Management projects capital expenditure in the region of 6 million in 2016.