Revenues increased 11.7% to €860.1m excluding the sold Performance Products division. EBIT (excluding equity income) jumped 93.4% to €32.1m and the EBIT margin increased from 2.2% to 3.7%. Net losses excluding discontinued business declined from €34.6m to €13.6m. Financial position improved significantly which resulted in an increase in the equity ratio from 17.5% to 29.6%. In 2018, revenues are expected to grow by 10% and EBIT growth marginally more.
14 Mar 2018
Restructuring comes to an end
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Restructuring comes to an end
SGL Carbon SE (SGL:WBO) | 0 0 -0.4% | Mkt Cap: 1,409m
- Published:
14 Mar 2018 -
Author:
Heinz Steffen -
Pages:
3
Revenues increased 11.7% to €860.1m excluding the sold Performance Products division. EBIT (excluding equity income) jumped 93.4% to €32.1m and the EBIT margin increased from 2.2% to 3.7%. Net losses excluding discontinued business declined from €34.6m to €13.6m. Financial position improved significantly which resulted in an increase in the equity ratio from 17.5% to 29.6%. In 2018, revenues are expected to grow by 10% and EBIT growth marginally more.