Sectors and financial balance sheet

Solid economic performance

Sectors

Change in traffic per sector

River traffic (tons)

Filières

2016

2017

Change 2016/2017

Food processing 2,258,796 1,697,325 - 25 %
Cars 3,109 4,168 34 %
Construction and Civil Engineering 9,946,384 11,488,083 16 %
Environment 5,956,582 5,925,172 -1 %
Logistics 1,141,872 1,062,038 -7 %
Metal processing 675,745 722,303 7 %
Oil and fuels 302,259 327,343 8 %

TOTAL

20,284,747

21,226,432

5%

Balance sheet

With €28 million in net income and an increase of 18.5% (vs. +6.3 in 2016), the 2017 financial year continued the highly satisfactory results.

Production remained stable at 95.5%, while value added increased by 0.63%. At the same time, cost control offset and generated earnings before interest, taxes, depreciation, and amortization (EBITDA) of €52.3 million, an increase of €1.4 million (+2.7%).

The sales turnover for fiscal 2017 amounted to €94.6 million, almost in line with 2016 (€94.7 million).

Cash flow from operations (CAF) increased with a cumulative amount of €51.1 million (vs. €49.3 million). It finances a significant portion of the investment program after the repayment of outstanding loans and a dividend to the State.

The investment guidelines and funding sources are updated as part of a Multi-Year Financing and Investment Plan (MIPP) approved by the Board of Directors.

Distribution of sales turnover

Components of and change in the profit and loss account

(millions d'euros)

2017

2016

2015

% VAR 2016/2017

Net sales turnover 94,567,389 94,723,819 91,411,556 -0.17%
Operating income 28,752,240 24,499,603 23,615,324 17.36%
Financial income/(expense) - 515,151 - 670,286 - 790,370 23.14%
Net income on ordinary activities 28,237,089 23,829,317 22,369,020 18.5%

Net income for the financial year

28,044,850

23,661,421

22,260,902

18.52%