Semperit defies economic slowdown with significant improvement in profitability at EBITDA and EBIT level in fiscal year 2019 - Annual General Meeting will probably be postponed to July 2020 due to corona crisis
(World News Austria)

20.03.2020 (Press information) Group revenue decreased by 4.3% to EUR 840.6 million Industrial Sector recorded revenue decline of 3.5%, Medical Sector fell back even more significantly by 5.8% Group EBITDA (after one-off effects) increased by 26.8% to EUR 63.8 million, EBITDA margin (adjusted) rose from 5.7% to 7.6% Loss after taxes halved despite Sempermed impairment loss Corona crisis management currently in focus Vienna/Austria, 20 March 2020 - The publicly listed Semperit Group significantly improved its profitability on EBITDA and operating EBIT level in the past fiscal year 2019 due to the ongoing transformation programme: `In 2018 and 2019, we improved in each of the eight quarters...