IMCD reports 25% EBITA growth in 2018
01 Mars 2019 - 07:00AM
IMCD reports 25% EBITA growth in 2018
Rotterdam, The Netherlands (1 March 2019) - IMCD N.V.
(“IMCD” or “Company”), a leading distributor of speciality
chemicals and food ingredients, today announces its full year 2018
results.
Highlights• Revenue growth of 25% to EUR
2,379.1 million (+29% on a constant currency basis)• Gross profit
growth of 25% to EUR 536.1 million (+29% on a constant currency
basis)• Operating EBITA increased by 25% to EUR 202.1 million (+30%
on a constant currency basis)• Net result before amortisation and
non-recurring items of EUR 139.7 million (2017: EUR 110.1 million)•
Cash earnings per share increased by 23% to EUR 2.53 (2017: EUR
2.06)• Dividend proposal of EUR 0.80 in cash per share (2017: EUR
0.62)
Piet van der Slikke, CEO, commented:“2018 was an outstanding
year for IMCD, with all our regions contributing to this success.
We achieved record growth as operating EBITA grew to EUR 202.1
million (+25%) and cash earnings per share developed positively to
EUR 2.53 (+23%). We have made good progress with the integration of
our existing businesses in the US and Canada and with the
acquisition of E.T. Horn, enabling IMCD US to become a nationally
operating organisation. With our newly developed global digital
infrastructure, we will continue to enhance customer offerings.
Despite today’s geopolitical uncertainties, we remain positive
about our ability to translate new opportunities into future
growth.’’
Please find attached the full press release.
- PRESS RELEASE_IMCD full year 2018 results