Q3 18 results. Net sales reached €1,284m (+20.3% yoy), EBITDA €154m (vs €53m) EBIT €112m (vs €12.7m) and the net result €83m (vs €6.6m). Net debt at the end of Q3 18 totaled €666m vs €537m in Q2 and €609m at the end of FY17. According to the group, macroeconomic uncertainties and a decline in raw material prices will lead to a decline in activity for Q4.
30 Oct 2018
Q3 bang in line though the outlook suggests a slowdown
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Q3 bang in line though the outlook suggests a slowdown
Acerinox SA (ACX:WBO) | 0 0 0.6% | Mkt Cap: 3,084m
- Published:
30 Oct 2018 -
Author:
Fabrice Farigoule -
Pages:
2
Q3 18 results. Net sales reached €1,284m (+20.3% yoy), EBITDA €154m (vs €53m) EBIT €112m (vs €12.7m) and the net result €83m (vs €6.6m). Net debt at the end of Q3 18 totaled €666m vs €537m in Q2 and €609m at the end of FY17. According to the group, macroeconomic uncertainties and a decline in raw material prices will lead to a decline in activity for Q4.