{"id":35441,"date":"2018-10-20T11:47:24","date_gmt":"2018-10-20T09:47:24","guid":{"rendered":"http:\/\/modern-wilderness.flywheelsites.com\/?p=35441"},"modified":"2018-10-26T08:18:50","modified_gmt":"2018-10-26T06:18:50","slug":"succesful-first-half-year-for-bene","status":"publish","type":"post","link":"https:\/\/officerepublic.news\/en\/2018\/10\/succesful-first-half-year-for-bene\/","title":{"rendered":"Succesful first half year for Bene"},"content":{"rendered":"

[vc_row][vc_column][vc_column_text]\"\"The Bene Group<\/span><\/a> continued the dynamic development of the previous financial year in the first half of 2018. Sales and all earnings figures were improved considerably, and the equity ratio further increased.<\/strong><\/p>\n

In the first six months of 2018, the Bene Group recorded a very positive operative development and more than doubled its EBITDA margin to 6.5% (2017: 3.1%). This was due to the resolute implementation of a comprehensive set of measures. In addition to productivity increases and the optimisation of material, these mainly included a clear focus on customer needs, the evaluation of all markets that Bene operates in, and the optimisation of the customer and product portfolio.<\/p>\n

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Sales improved by 10.8% in first half year<\/h4>\n

In a generally good economic environment, sales also developed very positively, rising by 10.8% year-on-year to EUR 70.8 million (HY1 2017: EUR 63.9 million). Bene\u2019s markets in Austria, France, and the Middle East, in particular, recorded lively project activity. As a result, the sales volume in the domestic market of Austria increased by 13.9%, while France recorded a 62.7% increase, and the Middle East region even rose by 69.9%.<\/p>\n

\u201cThe development of the Bene Group was highly satisfactory in the first six months of 2018. We have consistently continued to implement our optimisation measures and thus markedly improved our financial position. With an equity ratio of 45.1%, Bene now has a solid equity base and is a solidly positioned company ready for positive years ahead,\u201d\u00a0<\/em>as J\u00f6rg Schuschnig<\/a><\/span>, Executive Board Member for Finances and Production at Bene, summarises the first half of 2018 positively, adding:\u00a0\u201cWe will continue to implement measures aimed at improving efficiency and to make targeted growth investments. The recently completed third quarter of 2018 has already shown steady business growth, as a result of which we are optimistic about achieving consistently good results for the entire 2018 business year.\u201d<\/em><\/p>\n

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