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Furniture maker Forte nets PLN 28.1 mln in Q4 vs. PLN 31.2 mln profit expected, Equities News - EquitiesPoland.pl
Coverage of high-potential mid-market firms in Poland

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Furniture maker Forte nets PLN 28.1 mln in Q4 vs. PLN 31.2 mln profit expected

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Listed furniture maker Forte netted PLN 28.1 mln in Q4, slightly below the consensus call for PLN 31.2 mln, the firm's financial report out Monday showed.

FORTE Q4 RESULTS VS. CONSENSUS & PRIOR PERIODS

 
4Q2016resultscons.differencey/yq/qYTD2016y/y
               
Revenues 307,0 306,1 0,3% 8,3% 26,2% 1090,3 14,2%
EBITDA 46,7 45,8 2,0% 30,7% 21,9% 167,1 41,7%
EBIT 40,8 40,0 1,9% 35,0% 25,1% 144,4 47,0%
Net profit 28,1 31,2 -10,1% 17,6% -0,7% 110,4 30,8%
               
EBITDA margin 15,2% 14,9% 0,26 2,60 -0,55 15,32% 2,97
EBIT margin 13,3% 13,1% 0,21 2,62 -0,12 13,24% 2,95
net margin 9,2% 10,2% -1,05 0,72 -2,48 10,13% 1,28

2017-03-20



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