IMCD reports first half year Operating EBITA of EUR 56 million (+13% reported and +18% on a constant currency basis)
Highlights • Revenue increased by 14% from EUR 614.4 million to EUR 702.4 million (+18% on a constant currency basis) • Gross profit growth of 12% (+15% on a constant currency basis) • Operating EBITA increased by 13% to EUR 56.0 million (+18% on a constant currency basis) • IMCD shares listed on the Amsterdam Stock Exchange as per 27 June 2014 • Refinancing of credit facilities and loans finalized on 8 July 2014; net debt reduced by EUR 556.3 million to EUR 291.2 million
Piet van der Slikke, CEO, commented: “I am pleased to report a half year of significant progress for IMCD. In parallel to the successfully completed IPO process, we continued to focus on the business. We saw an increase in revenues across all our markets and are positive about the current performance and the outlook”.
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