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Moby first half 2016: disappointing results

FinanceMoby is back to red. The balance sheet of the first half of 2016 shows that, after profits reported last few years, the company has had declining revenues by 13% from €249.5 million to 216.5 million.

Ebitda went down by €14.3 million (from €43.6 million in the same period of 2015 to €29.2 million), bringing the net result into red ink for €18.5 million (against a net profit of €973,000 twelve months earlier).

© Shippax sep 19 2016


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