Salzgitter had released preliminary numbers about one month ago and these indicated that our projections had not been reached. Final accounts now show that pre-tax and net earnings were boosted by a €12m profit from discontinued operations compared to a loss of €52m in 2015. On top come at-equity profits and earnings from joint-ventures of €67m instead of our anticipated €53m. In spite of this, net earnings after minorities amounted to €54m compared to our projected &
24 Mar 2017
Final 2016 earnings lower than preliminary numbers had suggested
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Final 2016 earnings lower than preliminary numbers had suggested
Salzgitter AG (SZG:WBO) | 0 0 (-0.3%) | Mkt Cap: 2,774m
- Published:
24 Mar 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
Salzgitter had released preliminary numbers about one month ago and these indicated that our projections had not been reached. Final accounts now show that pre-tax and net earnings were boosted by a €12m profit from discontinued operations compared to a loss of €52m in 2015. On top come at-equity profits and earnings from joint-ventures of €67m instead of our anticipated €53m. In spite of this, net earnings after minorities amounted to €54m compared to our projected &