While carbon steel prices increased through to Q4 18/19, they fell by 2.5% in Q1 and by 3.3% in Q2 of the current fiscal year. Simultaneously, the price increases in High Performance Metals and Metal Engineering moderated from Q1 to Q2. In view of this, all divisions suffered lower profit margins.
06 Nov 2019
All divisional profit margins fell in both Q2 and H1 19/20
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All divisional profit margins fell in both Q2 and H1 19/20
voestalpine AG (VOE:WBO) | 0 0 0.0% | Mkt Cap: 8,355m
- Published:
06 Nov 2019 -
Author:
Hans-Peter Wodniok -
Pages:
2
While carbon steel prices increased through to Q4 18/19, they fell by 2.5% in Q1 and by 3.3% in Q2 of the current fiscal year. Simultaneously, the price increases in High Performance Metals and Metal Engineering moderated from Q1 to Q2. In view of this, all divisions suffered lower profit margins.