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Viscofan Group releases January - March 2020 Results

​Main highlights of the January-March 2020 results:

>> José Domingo de Ampuero y Osma, Chairman of Viscofan Group: "I would like to highlight the commitment of the more than 4,900 people who make up Viscofan within a situation of need caused by the COVID-19 pandemic. Their immense effort together with our wide geographical and product offering and the strength of our production and logistics model have allowed us to ensure the supply of casings to our customers around the world, thus fulfilling our responsibility as an essential food company."

>> €222.1 million in revenue, 10.4% higher than the previous year.

>> €52.0 million in reported EBITDA, a growth of 13.3% compared to the previous year.

>> €27.4 million in reported Net Profit, up 20.3% on the previous year.

>> €28.9 million of net bank debt at March 2020, a decrease of 32.2% compared to €42.5 million at December 2019 thanks to the strength of operating results and lower investment needs.

>> 1Q20 results in line with our growth prospects for the year 2020.

Results Note link

In addition, tou can find all results information on the Investor Relations site

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