Auchan Holding announces its 2015 Annual Results
- Growth in consolidated revenue excluding taxes to €54.2 billion, +1.5% (+1.7% organic, excluding fuel and exchange rate effects)
- Increase in operating profit from continuing operations to €1,181 million, +5.5%.
- Growth in adjusted net profit, +10.5%
- A once more reduced net financial debt
At 31 December 2015, the group showed solid sales activity, which enabled a further increase in its consolidated revenue excluding taxes, +1.7% in organic growth.
Thanks to the good control of our business activity, EBITDA grew by 2.7%, at a higher rate than revenue, as well as operating profit from continuing operations, up 5.5%. The adjusted net profit, which came to €797 million, increased by 10.5%.
For Wilhelm Hubner, chairman of the Management Board of Auchan Holding, "2015 was a year of transition, at a particularly sustained pace. The growth in revenue is very significant in Central and Eastern Europe and in Asia, even if, end-2015, Auchan Retail was still experiencing some difficulty in France and Italy. With 2015 annual results globaly in line with our expectations and solid fundamentals, our new organization will allow us to move into a higher gear."
Комментарии