Adveo Group International, S.A. announced earnings results for the nine months of 2015. In the first nine months of 2015, the company posted an EBITDA of 16.4 million compared to 28.9 same period last year, with a 2.5% margin and total revenues of 668.4 million. Revenues were impacted by the performance in Iberia, result of the difficulties in the technological platform implementation, although a lower rate on sales than last quarter (-26% on September compared to -33% at June).
Net financial debt closes in 174 million with an increase of 49 million from December 2014. Net debt at September is, due to seasonality and Iberia system disruptions, at an extraordinary high level.