24-05-2012
Modification of Financial Calendar 2012
ELVALHALCOR
31-08-2016
Press Release Regarding 2016 GROUP Financial Result
Halcor and subsidiaries have announced their Η1 2016 consolidated financial results according to the International Financial Reporting Standards (IFRS).
Consolidated revenue reached Euro 563.2 mil. in the first half of 2016 versus Euro 629.5 mil. in the respective period of 2015, decreased by 10.5%. The average price of copper for the first half of 2016 decreased by 20.8% to Euro 4,213 per ton versus Euro 5,317 per ton for the first half of 2015, while the price of Zinc stood at an average of Euro 1,611 per ton for H1’16 vs. Euro 1,912 per ton in H1’15 declining by 15.6%. Consolidated results before interest, tax, depreciation and amortization (EBITDA) reached in H1’16 a profit of Euro 35.3 mil. versus a profit of Euro 36.5 mil.in H1’15. Consolidated results before tax and interest (EBIT) accumulated for H1’16 to profit of Euro 20.3 mil. versus Euro 19.9 mil. H1’15. Consolidated earnings before taxes (EBT) amounted for the first half of 2016 to a profit of Euro 1.6 mil. compared to losses of Euro 4.4 mil. in H1’15. Finally, the results after tax and minority interests amounted to a profit of Euro 0.4 mil. or Euro 0.0040 per share, compared to losses of Euro 4.7 mil. or Euro 0.0468 per share in H1’15.