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AMAG Austria Metall AG Q1-Q3/2017: Double-digit revenueand earnings growth

Published: October 31, 2017; 07:30 · (Vindobona)

AMAG Austria Metall AG continued its positive trend in the third quarter of 2017. Considerable year-on-year growth was achieved in terms of shipments, revenue and earnings in the January to September 2017 period.

AMAG Austria Metall AG Q1-Q3/2017: Double-digit revenueand earnings growth / Picture: © Vindobona

Ranshofen - Highlights of the first three quarters of 2017:

* Market: rising demand, aluminium price up significantly year-on-year
* Total shipment volumes rise by 3 % to 318,900 tonnes
* Revenue up 15 % to EUR 790.2 million
* Double-digit earnings growth
* EBITDA: +18 % to EUR 129.0 million
* Net income after taxes: +26 % to EUR 48.6 million
*…

This article includes a total of 1034 words.

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ISIN
AT00000AMAG3