Pescanova closes November with EUR 70 million gross profit
Pescanova's sales remain above the thousand million Euro. (Photo Credit: Виталий Смолыгин)
Yet unaudited accounts of the Galician multinational firm Pescanova indicate that up to 30 November, when it closed the 2014 financial year, it recorded a gross operating profit (EBITDA) of EUR 70 million, up from EUR 60 million reported last year.
The company continues immersed in the creditors’ meeting process and the first data that were released on its accounts indicate that sales remain above EUR 1000 million, the newspaper La Voz de Galicia reported.
It must be noted that by the date the financial year was closed, the expected amount does not include sales in December, when the company usually makes the best profits of the year. This implies that if the 12 months of 2014 are taken into account, sales will certainly exceed the EUR 1200 million made in sales recorded in 2013.
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