We had feared roaring raw material prices as well as energy costs might have strongly weighed on SGL’s Q3 figures, but we were wrong. The company dealt quite successfully with them by (partly) passing them on. But, we believe, this will become more difficult in Q4. Nevertheless, the reported figures were better than expected.
Luckily, SGL missed its ‘usual’ period for making impairments, which is positive in our view.
12 Nov 2021
Successfully mitigating higher input costs
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Successfully mitigating higher input costs
We had feared roaring raw material prices as well as energy costs might have strongly weighed on SGL’s Q3 figures, but we were wrong. The company dealt quite successfully with them by (partly) passing them on. But, we believe, this will become more difficult in Q4. Nevertheless, the reported figures were better than expected.
Luckily, SGL missed its ‘usual’ period for making impairments, which is positive in our view.