IMCD reports 9% EBITA growth in Q1 2015

Rotterdam, The Netherlands (29 April 2015) - IMCD N.V. ("IMCD" or "Company"), a leading distributor of speciality chemicals and food ingredients, today announces the first quarter 2015 results.

Highlights

• Gross profit growth of 8% to EUR 79.1 million (+5% on a constant currency basis)
• Operating EBITA increase of 9% to EUR 30.5 million (+5% on a constant currency basis)
• 
Net result EUR 21.3 million before amortisation and non-recurring items (2014: EUR 7.5 million)
• 
Cash EPS EUR 0.40
• 
Acquisition of Kushalchand (India) on 2 April 2015

Piet van der Slikke, CEO, commented: "I am satisfied that we have been able to surpass the very strong first quarter of 2014 and that both our gross profit and EBITA further improved. Our activities in India were strengthened by the acquisition of Kushalchand in April and we have excellent opportunities to further grow in this huge market.

Please find attached the full press release.