Report

ALBEA - 2Q16 RESULTS

​Albea, the France-based cosmetic packager, held an investor call yesterday to present its solid 2Q16 results. The group confirmed the favorable trend seen in recent quarters with sales of $367m, up +3% organically and EBITDA of $50m, up +15% yoy. They were fueled by the recovering plastic business in Europe (47% of sales), which bounced back by 7% after last year’s 3% drop.

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Spread Research
Spread Research

​Spread Research is France's first Rating Agency, registered by ESMA (European Securities and Markets Authority) and a leading European Independent Credit Research firm, founded in 2004 and based in Lyon, France. Our experienced team offer key research services using a wide range of investment strategies and research methodologies for the High Yield, Emerging Markets, Convertibles and Loan Markets.

 

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