Wessanen reported consolidated earnings results for the first quarter of 2017. For the quarter, the company reported revenue of EUR 164.8 million against EUR 143.0 million a year ago. EBITDAIE was EUR 21.1 million against EUR 15.8 million a year ago. Normalised operating result was EUR 19.0 million against EUR 14.1 million a year ago. Operating result was EUR 18.9 million against EUR 14.1 million a year ago. Profit was EUR 13.2 million against EUR 9.1 million a year ago. Net debt as at end of the period was EUR 74.2 million against net cash of EUR 18.4 million a year ago.

For the full year 2017, the company expects EBITE % of revenue to be above 8%. Tax rate around 30%. Capital expenditures to be EUR 13 million - EUR 15 million. Depreciation and amortisation to be EUR 9 million - EUR 10 million.