Semperit signals further potential closures

Vienna – Austrian rubber group Semperit AG has signalled the potential close-down of production plants as it continues 2018 as its “transition year”.

In its first-half financial report on 23 Aug, Semperit said “considerable one-off charges” were not off the table for the company, which is conducting a major transformation project through to 2020.

“Considerable one-off charges” could mean closure of further plants,” Stefan Marin, head of investors relations at Semperit explained to ERJ.

The company-wide optimisation process will cover all Semperit segments, including Sempermed medical unit, Sempertrans…

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