Holland Colours N.V. Reports Consolidated Earnings Results for the Year Ended March 31, 2018
June 31, 2018 at 07:07 pm EDT
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Holland Colours N.V. reported consolidated earnings results for the year ended March 31, 2018. For the year, the company reported revenue of EUR 83,513,000 against EUR 77,485,000 a year ago. Operating result was EUR 8,224,000 against EUR 7,234,000 a year ago. Result before income tax was EUR 8,175,000 against EUR 7,091,000 a year ago. Net result from continuing operations was EUR 5,993,000 against EUR 5,392,000 a year ago. Net result attributable to shareholders of the company was EUR 5,836,000 or EUR 6.78 per share against EUR 5,190,000 or EUR 6.03 per share a year ago. Cash flow from operating activities was EUR 3,317,000 against EUR 7,176,000 a year ago. Capital Expenditures in intangible assets were EUR 187,000 against EUR 184,000 a year ago. Capital Expenditures in property, plant and equipment were EUR 2,274,000 against EUR 3,389,000 a year ago. Operation result before depreciation and amortization (EBITDA) was EUR 10.2 million against EUR 9.1 million a year ago.
Holland Colours NV specializes in the manufacturing and marketing of coloring preparations and coating systems primarily intended for the building and public works and packaging sectors. The group's activity is organized around 2 product families:
- pigments, colorants and additives: for coloring aluminum items, profiles, plastic packages, flexible PVC products (toys, balls, conveyor and moving walkway belts, etc.), silicons, etc. In addition, the group offers color concentrates for coatings, elastomers and adhesives applications;
- other: primarily specialty colorant products for coloring tarpaulins, shoes, clothing, colored paper, etc.
At the end of March 2023, the group had 4 production sites located in the Netherlands, Hungary, the United States and Indonesia.
Net sales are distributed geographically as follows: Europe/-Middle East/India/Africa (48.9%), Americas (38.1%) and Asia (13%).