In the first half of 2017, The Deufol Group's sales were Euro 145.1 million, 10.4%, or Euro 16.8 million below 2016. The change in sales are based upon the change within the group of consolidated companies, as well as the sale of a large operation in Belgium, in line to return the strategic focus on industrial packaging.
The operative result (EBITA) amounted to Euro 4.3 million and therewith ca. 20% below prior year (Euro 5.3 million). This result, on the one hand, was due to the acquisitions and its adjacent costs, and on the other hand, due to the integration of the new operations, which just started.
The operative cash flow of the Deufol-Group amounted in the 1H 2017 to Euro 9 million and was tangible above the prior year level (Euro 2.7 million).
The Deufol Group is a global premium provider of packaging services and adjacent services.
