Showroomprivé Reports Revenues Results for the First Quarter Ended March 31, 2016; Provides Earnings Guidance for the Year 2016
The company provided earnings guidance for the year 2016. Revenues of between 525 million and 555 million, representing an increase of between 19% and 25% compared to the revenues in the fiscal year of 2015. EBITDA margin at Group level of between 5.8% and 6.2% of revenues in 2016, representing an increase of between 40 and 80 basis points compared to the fiscal year of 2015. EBITDA margin in France of around 8.5% in 2016, representing an increase of around 40 basis points compared to the EBITDA margin in France in the fiscal year of 2015. Level of operational capex of between 1.3% and 1.5% of revenues. Ratio of cash flow from operational activities before tax and after operational capex to EBITDA higher than 100%, excluding one-off items.