2018 FINANCIAL RESULTS
2018 year-end figures confirm the positive development of the company, which is reflected in the following information:
– Growth in contracts and turnover.
– Progressive reduction of business leverage and
– Maintenance of the level of solvency
The following are our main financial figures: This year’s sales figures are double last year’s, to more than €20 million.
The number of signed contracts with leading customers has reached € 40MM and operations stand at € 6MM.
EBITDA grows by 25% and stands at 4% over sales, which is in line with the projected profitability levels.
The net result (BDI) is positive, close to 2% over sales.
Solvency maintains the high levels achieved before, with a working capital of more than € 4MM. Nearly all of them in assets.
Financial debt evolves in line with expectations. The company duly meets all its obligations in time with a permanent reduction in leverage.
80% of the financial debt maturities stand between 2020 and 2025. 2019 maturity (€ 1.5MM) has already been complied met to date.
Please click the button below to access Detea’s 2018 Annual Accounts