The adjusted net profit reached RON100 million in 2016, higher than RON77 million in 2015. The group’s EBITDA (earnings before interest, taxes, depreciation, and amortization) margin stood at 12.7%, compared with 12.6% in 2015.
Alro SA, one of Europe’s biggest aluminum producers, registered a net profit of RON67 million in 2016, compared with a loss of RON24 million in 2015, while the company’s turnover fell slightly to RON2.1 billion, from RON2.3 billion a year before. Its adjusted net profit reached RON101 million, compared with RON45 million in 2015, according to the company’s financial report.
Alro posted an EBITDA of RON247 million in 2016, compared with RON224 million in 2015.