Eltel Group: Interim Report January–March 2016
January–March 2016 · Net sales amounted to EUR 287.5 million (239.0), up 23.2%* in local currencies, organic net sales decreased by 0.4%* · Operative EBITA amounted to EUR 3.2 million (5.3) or 1.1% of net sales (2.2) · No non-recurring items (-2.6) · EBITA amounted to EUR 3.2 million (2.7) or 1.1% of net sales (1.1) · Net financial expenses decreased to EUR -3.7 million (-7.9) · The net result amounted to EUR -3.6 million (-7.5) · Earnings per share was EUR -0.06 (-0.14) · Operative cash flow amounted to EUR -37.4 million (-59.9), cash conversion was 112.1% on a