The standstill of a blast furnace because of a general overhaul had put some pressure on Q1 shipments and profits. This will continue in the current quarter but management is confident that this negative impact will end in October when the blast furnace goes back into production. In spite of this, the group’s profit numbers were very reasonable indeed.
08 Aug 2018
Good revenue growth but operating margins were down in Q1
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Good revenue growth but operating margins were down in Q1
voestalpine AG (VOE:WBO) | 0 0 0.0% | Mkt Cap: 8,355m
- Published:
08 Aug 2018 -
Author:
Hans-Peter Wodniok -
Pages:
2
The standstill of a blast furnace because of a general overhaul had put some pressure on Q1 shipments and profits. This will continue in the current quarter but management is confident that this negative impact will end in October when the blast furnace goes back into production. In spite of this, the group’s profit numbers were very reasonable indeed.