Half-year results 2018
(WorldNews Netherlands)

15 August 2018 Interim results 2018 Kendrion realises 9.8% EBITA margin and 16% profit growth in solid first half 2018 Revenue growth in HY1 2018 of 2% to EUR 239.6 million (HY1 2017: EUR 235.6 million) and 3% at constant rates of exchange Normalised EBITA margin in HY1 2018 rises to 9.8% from 9.1% in HY1 2017 Normalised net profit of EUR 15.8 million in HY1 2018 (HY1 2017: EUR 13.7 million) Additional simplification measures in Passenger Cars result in annualised savings of EUR 4.2 million, with corresponding one-off costs of EUR 5.9 million in HY1 2018 Revenue in Q2 2018 increases by 1% to EUR 119.0 million (Q2 2017: EUR 117.3 million) Normalised EBITA growth of 7% to EUR 11.6 million in...