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:…

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