Orpea: confirms 2019 sales target
(CercleFinance.com) - Sales increased by 9.
0% to 3,419.8 million euros in 2018, backed by organic growth of +5.0% and the contribution from international acquisitions.
EBITDA rose by 10.2% to 603.7 million euros, or 17.7% of sales, up 20 basis points compared to 2017. Excluding the "Macron premium" and the fall of CICE, the group's EBITDA margin reached 18.0%, up 50 basis points.
Underlying operating profit came in at 427.7 million euros (+8.4%) and the Group's net income reached 220.4 million euros, up 11.4%.
Management has confirmed its target for sales of at least 3,700 million euros in 2019 (+8.2% relative to 2018), along with solid profitability.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
0% to 3,419.8 million euros in 2018, backed by organic growth of +5.0% and the contribution from international acquisitions.
EBITDA rose by 10.2% to 603.7 million euros, or 17.7% of sales, up 20 basis points compared to 2017. Excluding the "Macron premium" and the fall of CICE, the group's EBITDA margin reached 18.0%, up 50 basis points.
Underlying operating profit came in at 427.7 million euros (+8.4%) and the Group's net income reached 220.4 million euros, up 11.4%.
Management has confirmed its target for sales of at least 3,700 million euros in 2019 (+8.2% relative to 2018), along with solid profitability.
Copyright (c) 2019 CercleFinance.com. All rights reserved.