SOL Group declares ‘solid’ first half 2015 results amidst ‘difficult economic situation’
The Board of Directors of the SOL Group has approved its First Half 2015 results, declaring itself positive at the solidity of the group against a ‘difficult’ economic backdrop.
Consolidated sales were €333.4m ($373m) for the period, up 8% versus first half 2014 consolidated sales of €308.7m.
EBITDA stood at €72.6m ($81m), 21.8% of sales, while net profit of €16.5m ($18.5m) rose against net profit of €15.5m in first half 2014.
In a still weak economic trend in the European countries, Italy-based multinational SOL Group achieved 8% growth in sales volume in first half 2015 compared with the same period last year.
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