ICG reports strong full year 2015 financial results
The company achieved €320.6 million in revenue and €75.5 million in EBITDA, while reducing net debt by 27.7% compared to 2014.
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The company achieved €320.6 million in revenue and €75.5 million in EBITDA, while reducing net debt by 27.7% compared to 2014.
Revenue grew 10.4% to €666.7 million while EBITDA increased by 12.8% to €150.6 million.
Operating profit rises forty-one percent while container shipments surge twenty-five percent, offsetting earlier ferry volume declines.
Revenue rose 7.1 percent to 189.5 million euros as container shipments surged. Management notes debt increased for new vessel purchases despite global trade uncertainty.
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