Raw materials threat to Semperit recovery

Semperit-BeltsVienna– Under-pressure Semperit Group has announced greatly improved operating results in the first quarter of 2018 despite a slight decrease in revenue .

Earnings (EBITDA) increased 83.3% year-on-year to €15.8 million, while the EBITDA margin increased from 4.2% to 7.1% in the first quarter of 2018.

At €220.9 million, however total revenue in the first quarter was 3.7% below the previous year’s value, the Austrian group reported 25 May.

Chairman Martin Füllenbach did not get carried away by the jump in earnings:…

To read more,please login or register below.

This is the first step to more free
content, user offers, subscriptions
and more.
Log in here using the Email Address
and Password you signed up with