Elton AEBE consolidated turnover grew 11.44 pct in the first half of the year

Elton AEBE said its consolidated turnover grew 11.44 pct in the first half of the year to 58.87 million euros, from 52.82 million in 2015, while parent turnover rose 6.24 pct to 39.87 million euros from 37.53 million over the same period respectively.

Consolidated gross earnings rose 16.14 pct to 9.57 million euros, while parent gross earnings totalled 6.51 million euros up 12.57 pct from 2015. Gross profit margin rose to 16.25 pct from 15.59 pct, while parent profit margin rose to 16.32 pct from 15.40 pct last year.

Consolidated EBITDA grew 18.24 pct to 4.26 million euros, or 7.23 pct of sales, up from 6.82 pct last year. Parent EBITDA rose to 2.95 million euros from 2.46 million last year. EBIT jumped 20.92 pct to 3.83 million euros, while parent EBIT jumped 23.57 pct to 2.63 million euros.

Consolidated pre-tax earnings rose 19.99 pct to 3.24 million euros, while parent pre-tax earnings rose 25.11 pct to 2.20 million euros.

Consolidated after tax earnings rose 15.12 pct to 2.4 million euros in the first half of 2016, while parent after tax earnings rose 19.59 pct to 1.55 million euros.

Group assets totalled 97.01 million euros at the end of June 2016; up form 88.26 million a year earlier, for an increase of 9.92 pct.