Econocom 2017 results

28-02-2018
2017 results Confirmed

• Sharp increase in revenue to €2,980 million (up 17.5%)

• Organic growth, which accelerated in the second half, stands at 11.2%, supported by all the group’s activities

• Recurring operating profit rose 10.1% to €154.4 million

• Recurring net profit attributable to owners of the parent increased 13.8% and recurring earnings per share attributable to owners of the parent stood at €0.41 (after the share-split), up 5.4%

• Equity increased to €483 million, due notably to the ORNANE bond conversion

• A year of investments: over €160 million invested in CAPEX, M&As; (7 targeted transactions) and in the internal refinancing company (EDFL)

• Net debt stands at €279 million, i.e. 1.5x EBITDA.

Read More >> https://www.econocom.be/nl/actus/communiques-de-presse/econocom-achieves-its-targets-and-completes-its-mutation-plan-successful
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