April 20, 2016 [CLH S.A.] -The turnover generated by the CLH Group in 2015, which for the first time includes the activities of its British subsidiary, CLH-PS, which started its operations on 1 May 2015, amounted to 601.8 million euros, 15.2% more than in 2014.
Recurring operating profit of the CLH Group for 2015 stood at 250.5 million euros, 7.4% more than in the previous year. Operating income and operating expenses recorded an increase of 13.5% and 17.7%, respectively.
Under the operating income heading basic logistics is notable, with an increase of 18.2% in 2015. In particular, earnings from consignments of gasoline and diesel oil increased by 4.3% and earnings from strategic and security storage increased by 14.5%.
As for earnings from consignments of aviation products, these increased by 60.4 million euros, or 92.0%. Of this amount, 7.2 million corresponds to the domestic market, and the remaining 53.2 million to the consolidation of the British subsidiary CLH-PS. Revenues in distribution logistics increased by 2.8% compared to the previous year.
The net result on financial operations was -15.1 million euros, a 7.6% improvement on financial year 2014.
Non-recurring operating profit in 2015 amounted to 0.2 million euros.
Profit before tax in 2015 amounted to 235.6 million euros, which is 7.8% more than in 2014, and the expense in corporate tax in the same period reached 61.4 million euros.
As a result of this, profit after tax of the CLH Group for financial year 2015 amounted to 174.2 million euros, 11.0% more than the previous year. This figure is supported by the growth of Spanish operations and the consolidation for the first time of the results of its British subsidiary, CLH-PS.
