SGL Carbon reported preliminary results. Final results are due on 8 May. Revenues in Q1 18 increased substantially and should range between €260m and €265m compared to €216.3.m. Around 50% of the growth rate of 20% is related to the first time full consolidation of the two joint-ventures BMW (SGL AFC) and Benteler including the deconsolidation of SGL Kümpers. Adjusted revenues are expected to grow by at least 10%. Net income is expected to range between €30m and &euro
26 Apr 2018
Underlying performance gained traction
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Underlying performance gained traction
SGL Carbon SE (SGL:WBO) | 0 0 -0.4% | Mkt Cap: 1,409m
- Published:
26 Apr 2018 -
Author:
Heinz Steffen -
Pages:
2
SGL Carbon reported preliminary results. Final results are due on 8 May. Revenues in Q1 18 increased substantially and should range between €260m and €265m compared to €216.3.m. Around 50% of the growth rate of 20% is related to the first time full consolidation of the two joint-ventures BMW (SGL AFC) and Benteler including the deconsolidation of SGL Kümpers. Adjusted revenues are expected to grow by at least 10%. Net income is expected to range between €30m and &euro