Texaf, S.A. Announces Unaudited Consolidated Earnings Results for the First Half Ended June 30, 2016
Texaf, S.A. announced unaudited consolidated earnings results for the first half ended June 30, 2016. For the period, revenue from ordinary activities was EUR 9,270,000 against EUR 9,807,000 a year ago. Recurring operating result was EUR 3,451,000 against EUR 3,585,000 a year ago. Operating result was EUR 3,293,000 against EUR 3,204,000 a year ago. Results before tax (for continued operations) was EUR 2,994,000 against EUR 3,032,000 a year ago. Net result after tax was EUR 2,712,000 against EUR 2,843,000 a year ago. Recurring operating results per share was EUR 0.994 against EUR 1.012 a year ago. Consolidated net result (Group's share) was EUR 0.765 against EUR 0.804 a year ago. Consolidated net result was EUR 2,711,000 against EUR 2,848,000 a year ago. Cash flows from operating activities were EUR 5,392,000 against EUR 3,835,000 a year ago.