Edition:
United States

Kaufman & Broad H1 total revenues down 23.5 pct at 574.8 mln euros


Tuesday, 12 Jul 2016 12:30pm EDT 

Kaufman & Broad SA : Positive full-year outlook confirmed . Total order backlog: up 15.5 pct . H1 attributable net income was 18.1 million euros ($20.1 million) versus 12.0 million euros in first half of 2015 . H1 current operating income 45.6 million euros versus 29.8 million euros year ago . H1 total revenues totaled 574.8 million euros (excluding VAT), down 23.5 pct compared to first half of 2015 . For the 2016 FY the group estimates that its consolidated revenues should grow by over 10 pct . Group's net debt should remain close to the level reached on May 31, 2016 .Confirms target gross margin rate of about 19 pct of consolidated revenues, with adjusted EBIT margin of about 8.5 pct of consolidated revenues. 

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38.83
0.28 +0.73%
20 Oct 2017