- Sales of €997.2m, up 7.4%
- Current EBIT of €77.8m, up 12.2%
- Forecast current EBIT growth of 4-7%
The APRIL group posted 2018 consolidated sales of €997.2m, up 7.4% compared with reported figures for the previous year, while current EBIT rose 12.2% to €77.8m.
Following this announcement, APRIL CEO Emmanuel Morandini made the following comments:
The strong performance recorded in 2018, the return to growth across all key indicators and the organic growth of our core business reflect the very good work done by all our employees over the last three years to put APRIL group back on track towards sustainable and profitable growth. We therefore expect to see, for year 2019, current EBIT growth of 4-7% compared to 2018. We have now entered a new phase of our development, by committing to in-depth transformation and expanding the multi-brand aspect of our distribution model, particularly in loan insurance, while continuing to focus on our key businesses1. The marketplace we plan to roll out in loan insurance is a prime example: more than a distributor, APRIL aims to become the preferred partner for insurers and brokers to work together in a simple and effective way. Customers will therefore have access to a wide range of quality offers, ensuring that they always find a solution tailored to their requirements.
1 Local H&PP, international health, loan insurance, Property & Casualty niches and the professional market