Page 27 - Annual Report 2019
P. 27
Supervisory Board Report
Group Management Report
Consolidated Financial Statements
Annexes
HOFTEX GROUP AG
Consolidated Income Statement for the 2019 fiscal year
in EUR thousand Notes 2019 2018
Sales 18 171,051 174,103
Change in inventories of finished and unfinished goods -4,279 -485
Gross revenue 166,772 173,618
Other operating income 19 3,490 4,626
Cost of materials 20 -83,767 -87,207
Gross profit 86,495 91,037
Personnel expenses 21 -46,256 -45,556
Depreciation, amortisation and write-downs 6 -11,329 -10,545
Other operating expenses 22 -23,749 -24,559
Operating result 5,161 10,377
Net investment income 23 0 650
Net interest income 24 -1,614 -1,770
Taxes on income 25 -143 -465
Earnings after tax 3,404 8,792
Other taxes 26 -696 -770
Consolidated net income for the year 2,708 8,022
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