EVOCA Group Key Financials

EVOCA Group Key Financials

 

in million Euros201520162016 Proforma (*)2017 Proforma (**)LTM Q1 2018 Proforma (*)LTM Q2 2018 Proforma (**)
       
Revenues302.3299.6385.1442.1422.4454.9
       
Adjusted EBITDA (***)74.175.689.997.397.3102.8

(*) Pro forma figures include Saeco, Ducale, Cafection as if their acquisitions occured on January 1,2016 and exclude discontinued business

(**) Pro forma figures include Saeco, Ducale, Cafection and Quality Espresso as if their acquisitions occurred on January 1, 2017 and exclude discontinued business

(***) We define Adjusted EBITDA as net profit (loss) plus income tax expense, net financial income (expense), depreciation, amortization, special costs and the Real/Euro foreign exchange adjustment. Adjusted EBITDA is not a measure of financial performance under IFRS and should not be considered in isolation or as an alternative to any other measures of performance derived in accordance with IFRS. Adjusted EBITDA, as presented above, may not be comparable to similarly titled measures reported by other companies. A reconciliation of Adjusted EBITDA to net profit (loss) can be found in EVOCA's financial reports.

 

EVOCA Results second Quarter of FY 2018

Second Quarter 2018 Pro forma Revenue (excluding discontinued business) of Euro 120.7m (Euro 5.5m more than second quarter 2017 of Euro 115.3m) were characterized by strong demand from small-medium sized customers worldwide together with increased purchase from our large customers.

Second Quarter 2018 Pro Forma Adjusted EBITDA increased over 2017 thanks to the increase in sales and costs under strict control, being Euro 28.5m (23.6% of Net Sales), Euro 3.1m better than the 2017 figure of Euro 25.3m (22% of Net Sales).

 

EVOCA Results first Quarter of FY 2018

First Quarter 2018 Pro forma Revenue (excluding discontinued business) of Euro 110.8m (Euro 5.9m more than first quarter 2017 of Euro 104.9m) were characterized by strong demand from small-medium sized customers worldwide together with increased purchase from our large customers.

First Quarter 2018 Pro forma Adjusted EBITDA increased over 2017 thanks to the increase in sales and costs under strict control, being Euro 26.2m (23.6% of Net Sales), Euro 2.1m better than the 2017 figure of Euro 24.1m (23% of Net Sales).

 

EVOCA Results of FY 2017

2017 Pro forma Revenue of Euro 416.5m (Euro 31.4m more than 2016 of Euro 385.1m) were characterized by strong demand from small-medium sized customers worldwide together with increased purchase from our large customers.

2017 Pro forma Adjusted EBITDA increased over 2016 thanks to the increase in sales and costs under strict control, being Euro 95.2m (22.9% of Net Sales), Euro 5.4m better than the 2016 figure of Euro 89.9m (23.3% of Net Sales).

 

EVOCA Results third Quarter of FY 2017

Third Quarter 2017 Pro forma Revenue (excluding discounted business) of Euro 95.2m (Euro 8.8m more than third quarter 2016 of Euro 86.4m) were characterized by strong demand from small-medium sized customers worldwide together with increased purchase from our large customers.

Third Quarter 2017 Pro forma Adjusted EBITDA increased over 2016 thanks to the increase in sales, being Euro 21.6m (22.7% of Net Sales), Euro 2.2m better than the 2016 figure of Euro 19.4m (22.5% of Net Sales).

 

N&W Results Second Quarter of FY 2017
Second Quarter 2017 Pro forma Revenues of Euro 103.1m (Euro 4.3m more than second quarter 2016 of Euro 98.8m) were characterized by strong demand from small-medium sized customers worldwide and weaker demand from a few large customers.

Second Quarter 2017 Adjusted EBITDA slightly increased over 2016 thanks to the increase in sales, being Euro 23.1m (22.4% of Net Sales), Euro 0.5m better than the 2016 figure of Euro 22.6m (22.8% of Net Sales).

 

N&W Results First Quarter of FY 2017
First Quarter 2017 Pro forma Revenues of Euro 96.6m (3.3% more than First Quarter 2016 of Euro 93.6m) were characterized by strong demand from small-medium sized customers worldwide and weaker demand from a few large customers.

First Quarter 2017 Adjusted EBITDA slightly increased over 2016 thanks to the increase in sales, being Euro 21.8m (22.6% of Net Sales), Euro 0.2m better than the 2016 figure of Euro 21.6m (23.0% of Net Sales).

 

N&W Results FY 2015/2016
2016 Revenues of Euro 299.6m (0.9% less than 2015) were characterized by strong demand from small-medium sized customers worldwide and weaker demand from a few large European customers.

2016 Adjusted EBITDA increased over 2015 thanks to a favorable product and customer mix and continuing costs optimization, being Euro 75.6m (25.2% of Net Sales), Euro 1.5m better than the 2015 figure of Euro 74.1m (24.5% of Net Sales).

 

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About this information:

This information is information that Evoca Group is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact set out below, at 6:15 p.m. (CET) on 21 June 2017.

For further information, please contact:

Investor.Relations@evocagroup.com

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