Rougier Sylvaco Panneaux Reports Revenue Results for the First Half Year of 2016; Provides Earnings Guidance for the First Half Year of 2016
While profitability for the first half of 2016 is expected to be affected by the contraction in revenues over the period, the company expects its performances to gradually improve over the second half of the year, due to a more favorable basis for comparison. This turnaround should be accompanied by operations to sell non-strategic real estate assets with a view to further strengthening the Group's balance sheet and financial flexibility.