BMI Group S.àr.l.
Braas Monier presents its Annual Report 2016
DGAP-News: Braas Monier Building Group S.A. / Key word(s): Final Results Braas Monier presents its Annual Report 2016 – Operating performance 2016 – Revenues of EUR 1,235.8 million (2015: EUR 1,256.7 million) – Operating EBITDA of EUR 194.1 million (2015: EUR 196.8 million) – Adjusted Free Cash Flow of EUR 78.6 million (2015: EUR 78.4 million) – Net leverage of 1.9 times (Net debt / Operating EBITDA) within the leverage target of 2.0 times or below on a pro-forma basis – Operating EBITDA / Net interest expense of 8.8 times (2015: 6.8 times) – Goal set for profitable growth in 2017 – Management has set the goal of moderately increasing revenues and operating income before exchange rate and consolidation effects – Sustaining Capex expected to be at a level of EUR 67 million, including Capex in acquired companies – Approximately EUR 15 million to be invested in future growth projects in 2017 For the full Annual Report 2016 and further information on the Group, please visit our website at www.braas-monier.com > Investor Relations > Reports & Presentations. About Braas Monier Contact
31.03.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Braas Monier Building Group S.A. |
4, rue Lou Hemmer | |
1748 Senningerberg | |
Grand Duchy of Luxembourg | |
Internet: | www.braas-monier.com |
ISIN: | LU1075065190, LU1498426326 |
WKN: | BMSA01, BMSA02 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
End of News | DGAP News Service |