Bolloré: net attributable income down 22%.

(CercleFinance.com) - Bolloré group's 2016 turnover fell 5% to 10,076 million euros like-for-like.


The group explained that this trend results from the 12% fall seen at the group's oil logistics business, following the decline in prices and volumes of petroleum products and the 7% fall in transport activities and logistics, due to lower freight prices in transport commission, the reduction in commodity prices, which penalised certain countries in Africa. Finally, there was a decline in rail business.

The group's operating result reached 627 million euros, down 11% compared to FY 2015. Net attributable income came in at 440 million euros, against 564 million euros in 2015, down 22%.

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