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AMAG Austria Metall AG reports double-digit revenue and earnings growth in H1 2017

Published: August 2, 2017; 07:30 · (Vindobona)

The first half of the 2017 financial year of AMAG Austria Metall AG fully reflected the organic growth path. The total shipments of the AMAG Group increased by 4 % to 214,800 tonnes in the first half of the year (H1 2016: 206,300 tonnes). The highest growth was achieved in rolled products. Shipments from the Rolling Division were up by 6 % to 109,700 tonnes.

AMAG Austria Metall AG reports double-digit revenue and earnings growth in H1 2017 / Picture: © Vindobona

Corporate news transmitted by euro adhoc with the aim of a Europewide distribution. The issuer is responsible for the content of this announcement.

Mid Year Results

Ranshofen -

* Double-digit revenue and earnings growth:
* Revenue: +16 % to EUR 535.4 million
* EBITDA: +26 % to EUR 92.4 million
* Net income after taxes: +45 % to EUR 37.6 million This article includes a total of 940 words.

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ISIN
AT00000AMAG3