Strong 2015 for Alno Group

Mar 29, 2016 | Furniture Manufacturer | 0 comments

GERMANY – Business remains healthy at the Alno Group, one of the largest global Kitchen manufacturers, which posted sales and earnings growth once again in the final quarter of 2015 – the fourth in a row. 

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Based on the preliminary figures, Alno generated sales of 521.5 million euros in the 2015 financial year, up by 18.6 million euros or 3.7 per cent year on year (502.9 million euros). Adjusted for special effects, EBITDA improved by 28.3 million euros or 100.3 per cent from -28.2 million euros to 0.1 million euros. The EBITDA figure for the 2015 financial year would be 27.0 million euros if these special effects were included.

They relate to an amount of just under 27 million euros from the deconsolidation of Impuls Küchen GmbH as of 30 June 2015. The previous year’s EBITDA stood at 43.1 million euros including 71 million euros in special effects as of January 1st 2014 arising from the acquisition of AFP.

 

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