Brief: Deceuninck FY net profit rises to 13.3 million euros

Deceuninck NV

25/02/2016 06:17

Feb 25 (Reuters) - Deceuninck NV  DECB.BR : 
    * FY net profit increases to EUR 13.3 million  ($14.67 
million) (2014: EUR 10.5 million) 
    * FY EBITDA at EUR 54.4 million or 8.4% of sales (2014: EUR 
35.3 million or 6.4%) 
    * FY sales grow 16.6% to EUR 644.5 million 
    * Proposes to increase gross dividend to EUR 0.025 per 
share 
    * CEO Tom Debusschere steps down on March 1 
    * Francis van Eeckhout is named interim CEO 
    * Expects further growth in 2016 
    * Says will be enabled by the additional capacity in Turkey 
and in the US 
    * Says 2016 EBITDA evolution will be influenced by 
currencies and raw material prices, as well as by the start-up 
costs of planned efficiency and growth initiatives 
 
Source text: http://bit.ly/1LH6FEP 
Further company coverage:  DECB.BR  
 
($1 = 0.9065 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 6983920;))