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sol-group-declares-solid-first-half-2015-results-amidst-difficult-economic-situation
sol-group-declares-solid-first-half-2015-results-amidst-difficult-economic-situation

SOL Group declares ‘solid’ first half 2015 results amidst ‘difficult economic situation’

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The Board of Directors of the SOL Group has approved its First Half 2015 results, declaring itself positive at the solidity of the group against a ‘difficult’ economic backdrop.

Consolidated sales were €333.4m ($373m) for the period, up 8% versus first half 2014 consolidated sales of €308.7m.

EBITDA stood at €72.6m ($81m), 21.8% of sales, while net profit of €16.5m ($18.5m) rose against net profit of €15.5m in first half 2014.

In a still weak economic trend in the European countries, Italy-based multinational SOL Group achieved 8% growth in sales volume in first half 2015 compared with the same period last year.

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