The company reported final Q3 16 numbers excluding the discontinued business Performance Products. Revenues declined 9.6% to €182.7m. EBITDA dropped 54.9% to €12.5m and the EBITDA margin declined from 13.7% to 6.8%. EBIT plummeted 95.6% to €0.3m. The EBIT margin dived from 3.4% to 0.2% despite higher operating income which increased 48% to €11.1m. Net losses including discontinued business rose from €20.6m to €50.9m. In the first nine months, adjusted revenues de
18 Nov 2016
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There is hope!
SGL Carbon SE (SGL:WBO) | 0 0 -0.4% | Mkt Cap: 1,409m
- Published:
18 Nov 2016 -
Author:
Heinz Steffen -
Pages:
3
The company reported final Q3 16 numbers excluding the discontinued business Performance Products. Revenues declined 9.6% to €182.7m. EBITDA dropped 54.9% to €12.5m and the EBITDA margin declined from 13.7% to 6.8%. EBIT plummeted 95.6% to €0.3m. The EBIT margin dived from 3.4% to 0.2% despite higher operating income which increased 48% to €11.1m. Net losses including discontinued business rose from €20.6m to €50.9m. In the first nine months, adjusted revenues de