Materialise Reports Full Year and Fourth Quarter 2018 Results

(*): 2017 has been restated following the final accounting of the ACTech business combination and the adjustment to the ACTech inventories valuation.

Reconciliation of Net Profit (Loss) to Segment EBITDA (Unaudited)

           

For the three months
ended December 31

For the twelve months
ended December 31

(in 000) 2018       2017* 2018       2017*
 
Net profit (loss) for the period 525 1,067 3,027 (2,117)
Income taxes (348) (303) 425 522
Finance cost 1,308 1,434 4,864 4,728
Finance income (888) (1,078) (3,627) (3,210)
Share in loss of joint venture 184 (127) 475 469
 
Operating profit 781 993 5,164 392
 
Depreciation and amortization 4,753 4,434 17,287 12,576
Corporate research and development 444 490 1,913 2,017
Corporate headquarter costs 2,844 2,706 10,358 9,690
Other operating income (expense) (277) (469) (2,149) (1,910)
 
Segment EBITDA 8,545 8,154 32,573 22,765
 

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