Brief: Elumeo FY gross profit down 6.7 pct at 31.2 mln euros

Elumeo SE

23/03/2017 06:04

March 23 (Reuters) - Elumeo SE  ELBG.DE : 
    * Operational break-even expected in first half of 2017 
    * Earnings and sales for financial year 2016 severely 
impacted by depreciation of British Pound 
    * At 71.5 million euros ($77.15 million), FY group sales 
were maintained at roughly same level as last year, 71.5 million 
euros (-1.6 pct) 
    * Earnings before interest, taxes, depreciation and 
amortisation adjusted for non-operating special items, (adjusted 
EBITDA) decreased to -3.4 million euros in 2016 (2015: 0.2 
million euros) 
    * Gross profit margin decreased from 46.1 pct in 2015 to 
43.7 pct in 2016 
    * Compared to previous year, FY gross profit fell by 6.7 pct 
from 33.4 million euros to 31.2 million euros 
 
Source text for Eikon:  ID:nEQ7n3TZF  
Further company coverage:  ELBG.DE  
 
($1 = 0.9268 euros) 
 
 (Gdynia Newsroom) 
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