SRP Groupe S.A. Announces Revenue Results for the First Quarter of 2017; Provides Earnings Guidance for the Year 2017
For the year 2017, the company expects revenues of EUR 690 million to EUR 720 million, that is a 28% to 33% increase compared with 2016 revenues. An EBITDA margin of more than 6% in 2017 (excluding Saldi Privati)a 60-point increase compared to fiscal year 2016 (excluding Saldi Privati). Ratio of cash flows from operating activities to EBITDA of more than 100%.