Pihlajalinna Half-Year Financial Report 1 January-30 June 2019 (6 months)
(WorldNews Europe)

Pihlajalinna Plc Half Year Financial Report 15 August 2019 at 8.00 a.m. Pihlajalinna`s profitability weighed down by loss-making units, the group launched an efficiency programme Pihlajalinna adopted the new IFRS 16 Leases standard fully retrospectively on 1 January 2019. Restated comparable financial figures were published on 18 April 2019 for each reporting period in 2018. The figures in this half-year financial report are unaudited. A brief look at April-June: Revenue amounted to EUR 129.7 (125.3) million - an increase of 3.5%, organic growth of 1.5% Adjusted EBITDA was EUR 10.8 (10.2) million - an increase of 5.6% Adjusted EBIT was EUR 2.1 (2.0) million IFRS 3 costs and amortisation...