trending Market Intelligence /marketintelligence/en/news-insights/trending/a7ZDCLQwwAEf-Um168IkKw2 content esgSubNav
In This List

AS Creation Tapeten Q2 profit climbs 24.8% YOY


Street Talk | Episode 126: Hunting the bears, making the bull case for CRE


Investment Banking Essentials May 15


Panel Discussion: Modernization Initiatives Advancing the U.S. Capital Market


Technology & Automation Insights: Elevating KYC and onboarding efficiency

AS Creation Tapeten Q2 profit climbs 24.8% YOY

A.S. Création Tapeten AG said its normalized net income for the second quarter amounted to 76 euro cents per share, a gain of 25.7% from 60 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €2.1 million, a gain of 24.8% from €1.7 million in the year-earlier period.

The normalized profit margin dropped to 1.9% from 3.7% in the year-earlier period.

Total revenue fell 11.0% on an annual basis to €40.2 million from €45.2 million, and total operating expenses fell 5.5% from the prior-year period to €40.2 million from €42.5 million.

Reported net income increased 79.3% from the prior-year period to €3.1 million, or €1.12 per share, from €1.7 million, or 62 cents per share.