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For the six months ended 30 June 2015, International Karton Finance SpA revenues increased 8% to EUR13.7M. Net loss increased 45% to EUR2.8M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Service Costs increase of 28% to EUR5.6M (expense), G/L from Discontinued Operations decrease from EUR458K (income) to EUR0K, Other Income decrease of 33% to EUR596K (income).
Period Ending: | Jun 30, 2015 | Dec 31, 2014 | Jun 30, 2014 | Dec 31, 2013 |
---|---|---|---|---|
Total Revenue | 13.73 | 13.71 | 12.68 | 5.86 |
Gross Profit | 8.62 | 9.46 | 8.23 | 4.05 |
Operating Income | -2.32 | 0.14 | -1.99 | -2.62 |
Net Income | -2.77 | -2.14 | -1.91 | -3.43 |
Period Ending: | Jun 30, 2015 | Dec 31, 2014 | Jun 30, 2014 | Dec 31, 2013 |
---|---|---|---|---|
Total Assets | 38.21 | 36.17 | 35.22 | 24.98 |
Total Liabilities | 42.95 | 39.72 | 36.74 | 24.64 |
Total Equity | -4.74 | -3.55 | -1.53 | 0.34 |
Period Ending: | Jun 30, 2015 | Dec 31, 2014 | Jun 30, 2014 | Dec 31, 2013 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | -3.48 | 4.67 | 2.92 | 5.26 |
Cash From Investing Activities | 0.18 | -3.08 | -3.34 | -4.46 |
Cash From Financing Activities | 3.11 | -2.21 | 0.08 | 0.12 |
Net Change in Cash | -0.19 | -0.61 | -0.34 | 0.92 |
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