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RSS FeedsSemperit: High earnings growth due to one-off effects in Q1 2017
(World News Austria)

 
 

16 may 2017 08:22:28

 
Semperit: High earnings growth due to one-off effects in Q1 2017
(World News Austria)
 


16.05.2017 Revenue in Q1 2017 increased by 4.5% to EUR 229.3 million High growth in earnings due to successful termination of joint venture transaction Development of earnings without one-off effects burdened by higher raw material prices Transition phase started to enhance profitability; outlook remains suspended The publicly listed Semperit Group recorded high positive one-off effects in the first quarter of 2017 due to the termination of almost all joint venture activities with the Thai Sri Trang Agro-Industry Public Co Ltd Group (`joint venture transaction`). In its operational business significant negative earnings effects were recorded due to higher raw material prices, which could...


 
16 viewsCategory: General > Europe > Austria
 
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