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Last €2.31 EUR
Change Today +0.01 / 0.43%
Volume 196.4K
PLT On Other Exchanges
Symbol
Exchange
BrsaItaliana
OTC US
Frankfurt
As of 11:30 AM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

parmalat spa (PLT) Snapshot

Open
€2.30
Previous Close
€2.30
Day High
€2.31
Day Low
€2.30
52 Week High
09/9/14 - €2.56
52 Week Low
08/24/15 - €2.22
Market Cap
4.2B
Average Volume 10 Days
653.8K
EPS TTM
€0.08
Shares Outstanding
1.8B
EX-Date
05/18/15
P/E TM
27.8x
Dividend
€0.02
Dividend Yield
0.69%
Current Stock Chart for PARMALAT SPA (PLT)

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parmalat spa (PLT) Details

Parmalat SpA produces and distributes food products in Europe, North America, Latin America, Africa, and Australia. The company operates in three segments: Milk, Cheese and Other Fresh Products, and Fruit Beverages. The Milk segment offers UHT, pasteurized, condensed, powdered, and flavored milk products, as well as cream and béchamel. The Cheese and Other Fresh Products segment provides cheese, yogurt, fermented milk, desserts, and butter. The Fruit Beverages segment offers fruit juices, nectars, and tea. The company also provides milk powder, bulk milk, pasteurized and UHT cream, probiotics, margarine, ice cream ingredients, soy drinks, extended shelf life milk, cream-based white sauces, and other products. Parmalat SpA sells its products primarily under the Parmalat, Santàl, Zymil, Vaalia, Fibresse, and Omega3 brand names. The company was founded in 1961 and is headquartered in Collecchio, Italy. Parmalat SpA is a subsidiary of Société pour le Financement de l'Industrie Latière S.a.a.

22,222 Employees
Last Reported Date: 07/31/15
Founded in 1961

parmalat spa (PLT) Top Compensated Officers

Chief Executive Officer, Group General Manage...
Total Annual Compensation: €975.0K
Compensation as of Fiscal Year 2013.

parmalat spa (PLT) Key Developments

Parmalat SpA Announces Consolidated and Parent Earnings Results for the First Half Ended June 30, 2015; Revises Earnings Guidance for the Fiscal 2015

Parmalat SpA announced consolidated and parent earnings results for the first half ended June 30, 2015. For the first half, the consolidated company reported net revenue was €2,962.6 million against €2,617.9 million a year ago. Total revenue was €2,980.3 million against €2,635.3 million a year ago. EBITDA was €169.4 million against €184.4 million a year ago. Profit for the period was €38.5 million against €90.0 million a year ago. EBIT was €87.4 million against €132.7 million a year ago. Profit before taxes was €77 million against €132.6 million a year ago. Profit attributable to owners of the parent was €37.6 million against €88.9 million a year ago. Diluted earnings per share were €0.0203 against €0.0482 a year ago. Cash flow from operating activities for the period was €28.9 million. EBITDA decreased due mainly to the accounting of hyperinflation in Venezuela. Group EBIT decreased mainly due to the hyperinflation in Venezuela and to a lower contribution from nonrecurring transactions, caused by a decrease in proceeds from actions to void and actions for damages, offset only in part by improved results by the industrial operations. The profit reduction reflects the impact of hyperinflation and reductions both in the contribution from nonrecurring transactions and in net financial income, the latter due to lower yields on invested liquidity. For the first half, the parent company reported net revenue was €427 million against €428.2 million a year ago. Total revenue was €443.2 million against €447 million a year ago. EBITDA was €32.6 million against €29.6 million a year ago. Profit for the period was €27.5 million against €47.6 million a year ago. EBIT was €18.9 million against €25.6 million a year ago. Profit before taxes was €36.6 million against €60.7 million a year ago. For 2015, at constant exchange rates and scope of consolidation and excluding the effect of hyperinflation, the group confirms estimates of net revenue and EBITDA growing at a rate of about 3% to 5%. The performance of the new companies acquired in the first half of 2015 and, specifically, the expectations for the dairy division of BRF in Brazil justify projections of further growth of about 8% for revenues and about 3% for EBITDA, basically in line with expectations. Specifically, these data are at lower end of the ranges of the guidance provided on earlier occasions, which projected gains between 8% and 10% for revenues and between 3% and 5% for EBITDA. This clarification is motivated by a better understanding of the challenges entailed by the reorganization processes.

Parmalat SpA, H1 2015 Earnings Call, Jul 31, 2015

Parmalat SpA, H1 2015 Earnings Call, Jul 31, 2015

Parmalat S.P.A. Reports Earnings Results for the First Quarter Ended March 31, 2015

Parmalat S.p.A. reported earnings results for the first quarter ended March 31, 2015. The first quarter results were good overall compared to the same period of 2014. Current exchange rate and current [indiscernible], the company is [indiscernible] 14% in sales and plus 7% [indiscernible]. Different to the situation on the holding company, their EBITDA improved from EUR 12.5 million to EUR 16.4 million. The, at constant exchange rate, revenue and EBITDA have increased by 4.7% and by 8.3%. The profitability of the company in first quarter is lower than last year, which was expected. Profit attributable to owners of the parent for the first quarter ended March 31, 2015 was EUR 19 million, or EUR 0.0103 per diluted share, compared to EUR 47.7 million, or EUR 0.0259 per diluted share, for the same quarter ended March 31, 2014. Revenue for the first quarter ended March 31, 2015 was EUR 1.36 billion, compared to EUR 1.19 billion for the same quarter ended March 31, 2014. EBIT for the first quarter ended March 31, 2015 was EUR 46.8 million, compared to EUR 46.9 million for the same quarter ended March 31, 2014. Profit before taxes for the first quarter ended March 31, 2015 was EUR 43.2 million, compared to EUR 60.6 million for the same quarter ended March 31, 2014.

 

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Valuation PLT Industry Range
Price/Earnings 28.0x
Price/Sales 0.7x
Price/Book 1.3x
Price/Cash Flow 27.8x
TEV/Sales 0.5x
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