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For the six months ended 30 June 2018, Gruppo Ceramiche Ricchetti S.p.A. revenues decreased 3% to EUR82.9M. Net loss increased 46% to EUR9.6M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Interest Expenses increase of 91% to EUR3.1M (expense), Other Costs increase of 68% to EUR3.5M (expense), Personnel Total increase of 2% to EUR24.7M (expense).
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Revenue | 82.91 | 76.56 | 85.6 | 76.83 |
Gross Profit | 51.47 | 50.3 | 54.51 | 53.73 |
Operating Income | -6.79 | -3.73 | -6.29 | -2.38 |
Net Income | -9.63 | -5.53 | -6.57 | -3.83 |
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Assets | 275.36 | 277.71 | 286.88 | 287.49 |
Total Liabilities | 211.18 | 202.5 | 206.6 | 201.45 |
Total Equity | 64.19 | 75.21 | 80.28 | 86.03 |
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | 3.27 | 0.55 | -0.61 | 13.32 |
Cash From Investing Activities | -2.82 | -1.98 | -0.9 | -10.5 |
Cash From Financing Activities | -1.17 | -0.94 | 0.83 | 1.57 |
Net Change in Cash | -0.72 | -2.38 | -0.68 | 4.4 |
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