Acerinox released H1 18 results. Net sales reached €2,588m (+5.9% yoy), EBITDA €317m (-15.4%), EBIT €227m (-19.1%) and the net result €138m (-8.4%). Net debt at the end of H1 18 totalled €537m vs €667m in Q1, €609m at the end of FY17 and €600m a year ago. According to the group, Q2 will reflect “the high demand existing in all the markets, encouraged by the rises in nickel and ferrochrome prices”. Despite the world situation described as &ld
27 Jul 2018
Very decent Q2 18
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Very decent Q2 18
Acerinox SA (ACX:WBO) | 0 0 0.6% | Mkt Cap: 3,084m
- Published:
27 Jul 2018 -
Author:
Fabrice Farigoule -
Pages:
2
Acerinox released H1 18 results. Net sales reached €2,588m (+5.9% yoy), EBITDA €317m (-15.4%), EBIT €227m (-19.1%) and the net result €138m (-8.4%). Net debt at the end of H1 18 totalled €537m vs €667m in Q1, €609m at the end of FY17 and €600m a year ago. According to the group, Q2 will reflect “the high demand existing in all the markets, encouraged by the rises in nickel and ferrochrome prices”. Despite the world situation described as &ld