Stern Groep NV Announces Consolidated Earnings Results for the Year 2016
Stern Groep NV announced consolidated earnings results for the year 2016. For the year, the company reported net revenue of EUR 1,097,630,000 compared to EUR 1,095,181,000 a year ago. Operating result (EBIT) was EUR 18,737,000 compared to EUR 18,809,000 a year ago. Result before tax was EUR 15,379,000 compared to EUR 14,434,000 a year ago. Result after tax attributable to the shareholders of Stern Groep N.V. was EUR 11,348,000 compared to EUR 11,067,000 a year ago. Earnings per share diluted - based on result after tax was EUR 2.00 compared to EUR 1.95 a year ago. Cash flow from operating activities was EUR 53,582,000 compared to EUR 22,806,000 a year ago. Investments in property, plant and equipment was EUR 113,787,000 compared to EUR 126,461,000 a year ago.