Operational highlights Q4:
Continued strong safety performance resulting in LTIF of 1.49 for
FY 2017 (2.83 in 2016)
Production of monopiles and transition pieces for
Hohe See, Albatros, Borwin 3, Trianel and Norther offshore wind
farms
Delivery of pin piles for Peregrino jacket
foundation
New location at Rotterdam (Maasvlakte 2) running
at full capacity
Total throughput of approximately 66 Kton of steel
(Q4 2016: 49 Kton) results in FY 2017 production of 232 Kton (FY
2016: 191 Kton)
o 208 Kton (or 90%) for offshore
wind
o 24 Kton (or 10%) for oil &
gas
Key figures Q4 and FY2017:
Q4 contribution of € 30.9 million (Q4 2016: € 30.9
million) results in FY 2017 contribution of € 135.6 million
(FY 2016: € 129.5 million)
Q4 normalized EBITDA of € 12.2 million (Q4 2016: €
10.5 million) results in FY 2017 normalized EBITDA of € 57.1
million (FY 2016: € 65.4 million);
FY 2017 profit attributable to the shareholder €
30.8 million (FY 2016: € 37.4 million);
Earnings per share 2017 € 1.21 (€ 1.47 in
2016);
Dividend proposal € 0.30 in cash per share (€ 0.37
for 2016);
Year-end 2017 net working capital € 7.1 million
(YE 2016: € 8.3 million)
Year-end 2017 net debt € 25.1 million (YE 2016: €
42.0 million)
Order book 115 Kton signed contracts and 70 Kton
exclusive negotiations for 2018; 60 Kton signed contracts for
2019
Q4 and FY 2017 report
20180315.final
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Sif Holding NV via Globenewswire
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