DGAP-News: Braas Monier Building Group S.A. / Key word(s): Quarterly / Interim Statement/9-month figures Braas Monier publishes full Interim Management Statement for Q3 and 9M 2016 Luxembourg, 2 November 2016. Following its trading update released last Friday, Braas Monier Building Group S.A. publishes the full Interim Management Statement for the third quarter and the first nine months 2016 on its website today. The key financial highlights as per 30 September 2016 are: - Continued growth in selected markets such as Germany, Poland, the Netherlands - Soft volume development - in particular in Italy and Western European markets - - Q3 2016 revenues of EUR 348.5 million down 1% - Operating EBITDA of EUR 65.3 million 5% below Q3 2015 - Adjusted free cash flow increased by 8% to EUR 70.4 million in Q3 2016 - M&A strategy continued with Ontop in the Netherlands and a concrete tile plant in - Full-year Operating EBITDA is expected to increase slightly, with revenues on last year's - Change of dividend policy to 30% - 50% of adjusted free cash flow - Board of Directors will propose a dividend of EUR 0.70 per share for 2016 For the full Interim Management Statement and further information on the Group, please visit our website at www.braas-monier.com > Investor Relations > Financial Statements & Presentations. About Braas Monier Contact
2016-11-02 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English | |
Company: | Braas Monier Building Group S.A. | |
4, rue Lou Hemmer | ||
1748 Senningerberg | ||
Grand Duchy of Luxembourg | ||
Internet: | www.braas-monier.com | |
ISIN: | LU1075065190 | |
WKN: | BMSA01 | |
Indices: | SDAX | |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange | |
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