Annual General Shareholders` Meeting 2017
(WorldNews Spain)

Annual General Shareholders` Meeting 2017 Company hopes to solve most of the uncertainty from recent months over the rest of this year and 2018 The Annual General Meeting (AGM) of Duro Felguera, held today, approved the annual accounts and balance sheet for 2016. In this period, the company`s sales were 709 million Euros, 8% lower than the previous year, while the EBITDA (earnings before interest, tax, depreciation and amortization) was 8.6 million Euros, as opposed to -96 million in the previous year. The net consolidated result was -18 million, as compared to -69 million in 2015. As announced, there are three main reasons for these figures: the unexpected events at the end of the combined...