Normet Group 2018 Financial Statement.pdf

Normet-Full-Year-Financial-Statements-2018.pdf
Preview of Normet Group 2018 Financial Statement
🔗 Source: assets.ctfassets.net
📊 Size: 4.2 MB
👤 Author: Jukka Pihlava
⬇️ Downloads: 89

Summary

Normet Group posted a strong fiscal year 2018 with a 21% increase in turnover to 315 Million Euro and earnings before depreciations and amortizations (EBITDA) reaching 38 Million Euros, almost doubling from 2017. The company's Equipment and Services businesses achieved strong growth, while Ground Control and Construction Technology (GCCT) declined modestly. Profitability improved in all business lines. The turnover forecast for 2019 is estimated to be at the same level as 2018 or slightly better, with an EBITDA level of 12-14%. Despite a slowing market growth, the outlook for 2019 remains positive, with the company exploring new growth areas to secure future growth.

Description

Normet Group posted a strong fiscal year 2018 with a 21% increase in turnover to 315 Million Euro and earnings before depreciations and amortizations (EBITDA)...

Technical Information

  • File Format: PDF
  • File Size: 4.2 MB
  • Pages: 10
  • Language: EN
  • Author: Jukka Pihlava
  • Total Downloads: 89
  • Last Updated: 1 month ago

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