Alno’s earnings trimmed by losses associated with AFP

Income from purchase price allocation shaped financials in 2014 full year

Alno AG, headquartered in Pfullendorf, Germany, posted an EBITDA loss before restructuring charges of -€5.5m (+37.8m) in the first quarter of this year. Group turnover improved slightly to €123.7m in the same stretch (Jan.-March 2014: 122.5m). EBIT tumbled to -€10.2m (+32.4m). The Alno group had mainly benefited ...

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