PRESS RELEASE: Balda reports positive financial performance and announces a further special dividend
Category: Word Press
PRESS RELEASE: Balda reports positive financial performance and announces a further special dividend
DGAP-News: Balda AG / Key word(s): Final Results Balda reports positive financial performance and announces a further special dividend
12.12.2013 / 07:56
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- Substantial increase in sales to just under EUR 60 million
- Comprehensive income of EUR 13.5 million
- Proposal to pay a further special dividend of EUR 1.50 per share
- COO Oliver Oechsle: Our mission is to enable growth for the Balda Group
- CFO Dieter Brenken: Balda has a solid financial foundation
Bad Oeynhausen, 12 December 2013 - The Balda Group showed strong financial performance in the 2012/2013 financial year. Consolidated sales from continuing operations amounted to EUR 59.9 million. Adjusted for extraordinary items, earnings before interest, taxes, depreciation and amortization (EBITDA) improved by EUR 6.7 million over the 2012 short financial year to EUR 4.1 million; consolidated EBITDA including extraordinary items totaled EUR 4.9 million. The Group's comprehensive income was EUR 13.5 million.
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PRESS RELEASE: Balda reports positive financial performance and announces a further special dividend
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