Spadel group: 2019 half-yearly results
- Operating profit (EBIT) for the first half of the year shows growth of 8,1%, mainly due to a decrease in promotional expenses and cost control, despite a slight decrease in turnover
- The Group anticipates a stabilisation of its recurring operating earnings (REBIT) for the whole year 2019. The operating profit (EBIT) for 2019 will however show a decrease compared to last year, taking into account the favourable non-recurring factors from which the 2018 financial year benefited