Semperit bounces back after restructuring measures

Vienna – Semperit AG has seen “significant improvement” in earnings for 2018, helped particularly by its industrial sector.

Total revenue remained flat for the year at €878.5 million, compared to €874 million registered in 2017, Semperit announced 22 March.

EBITDA adjusted for negative one-off effects (earnings) rose by 40.6% to €50.3 million, thanks to a major restructuring scheme launched at the beginning of 2018.

“Our intensified restructuring and transformation course has led to a significant improvement in operating earnings in the industrial sector,” said Semperit chairman Martin Füllenbach.

Overall,…

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