Acerinox obtains profits totalling 98 million Euros in the first quarter, exceeded those generated during the whole of the previous year
(WorldNews Spain)

After tax and minority interests, Acerinox ended the first quarter of 2017 with a net profit totalling 98 million Euros. The quarter stands out as the best in the last ten years. The net profit for the first three months of the year was 18 million Euros higher than that obtained in the whole of the previous year, when the company obtained 80 million Euros, and stood 106 million Euros higher than in the first quarter of 2016, when losses totalling eight million Euros were recorded. Between January and March this year, the EBITDA reached 191 million Euros, a figure 366% higher than in the first quarter of the previous year (41 million Euros), while the Group`s turnover totalled 1,252...