Improved profitability in continued challenging market conditions
Financial highlights of January to June 2015 (year-on-year in brackets) - Turnover declined by 6% to EUR 428 million (457) - EBITDA unchanged at EUR 62 million (63) - EBIT improved by 14% to EUR 27 million (23) - Net result improved by 117% to EUR 15 million (7) - Free cash flow declined to EUR -25 million (-1) - Net debt reduced by 8% to EUR 309 million (334) Hans Sohlström, President and CEO of Rettig Group: “Our profitability continued to improve thanks to further improved efficiency and reduced costs. Our year-on-year EBITDA-% increased from 13.8 to 14.6 and our