IMCD reports 24% EBITA growth in the first half of 2018

Rotterdam, The Netherlands (17 August 2018) - IMCD N.V. ("IMCD" or "Company"), a leading distributor of speciality chemicals and food ingredients, today announces its first half year 2018 results.Highlights· Gross profit growth of 24% to EUR 263.1 million (+30% on a constant currency basis)...

London, 17/08/2018 (informazione.it - comunicati stampa - industria)

Rotterdam, The Netherlands (17 August 2018) - IMCD N.V. ("IMCD" or "Company"), a leading distributor of speciality chemicals and food ingredients, today announces its first half year 2018 results.

Highlights
· Gross profit growth of 24% to EUR 263.1 million (+30% on a constant currency basis)
· Operating EBITA increase of 24% to EUR 105.2 million (+30% on a constant currency basis)
· Net result before amortisation and non-recurring items increase of 28% to EUR 74.2 million (+34% on a constant currency basis)
· Cash earnings per share increased by 20% to EUR 1.31 (first half of 2017: EUR 1.09)
· Acquisition of E.T. Horn, completed on 31 July 2018, supporting IMCD's strategy of offering its suppliers and customers national US coverage and dedicated segment expertise