Connect Group reports 2nd half and annual results 2016
(WorldNews Belgium)

2ND HALF RESULTS: Sales of EUR 54.8 million compared with EUR 56.5 million in 2015. Improvement of operating result from EUR 566 K profit in 2015 to EUR 1,480 K profit in 2016. Net profit of EUR 966 K compared to a net profit of EUR 38 K in 2015. ANNUAL RESULTS: Sales of EUR 116.8 million compared with EUR 113.4 million in 2015. Improvement of operating result from a loss of EUR 5,821 K in 2015 to a profit of EUR 2,058 K in 2016. Net profit of EUR 1,161 K in 2016 compared with a loss of EUR 6,979 K in 2015. The order book at the end of financial year 2016 amounted to EUR 89.4 million (EUR 86.6 million at the end of 2015). Discussion of the 2nd half results The 2nd half of 2016 closed with...