Agromino A/S: 4Q 2017 Interim Financial Report
Highlights · Overall the business turned to a net profit of EUR 3.5 million for 2017 from a net loss of EUR 25.1 million in 2016 · Lower financial costs by EUR 5.0 million · Share of profit EUR 1.5 million from investments in shares of TDFE against a loss of EUR 1.4 million in 2016, note that this is a non-cash item as dividends are not paid at present · No loss from discontinued operations for 2017 against a loss of EUR 23.5 million in 2016 · 2017 EBITDA of EUR 5.5 million against EUR 4.7 million in 2016 · Summer crop yields reduced by drought and high