Geen categorie @en 

2013 Half-year results for 2013

Maggy Van den Stock

PRESS RELEASE – Regulated information  –  Wetteren, Belgium, 29 August 2013  –  Half-year results for 2013

  • Group:
    • Revenue decreased slightly by -3.3% to EUR 22.92 million;
    • Result from continuing operations, adjusted for non-cash items, evolved by +36% from minus EUR 1.33 million to minus EUR 0.85 million;
    • Net financial debt decreased to EUR 3.94 million compared to EUR 5.41 million in the previous year for the smartphoto group excluding Retail Group.
  • E-commerce:
    • Continuing of the downward trend of analogue and digital photo prints has led to a decrease in revenue to EUR 12.72 million by -9.2%;
    • (R)EBITDA decreased due to start-up costs for new initiatives.
  • Wholesale:
    • The revenue increased by 1.9% to EUR 11.31 million;
    • (R)EBITDA amounted to a positive EUR 0.03 million.

Click here for the full version of the press release.