AMAG: Decline in Earnings

Businessn.a. ♦ Published: August 3, 2012; 16:37 ♦ (Vindobona)

Today, the Austrian aluminum company presented the results of the second quarter and refers to the difficult market environment. Sales remained stable.

AMAG: Decline in Earnings / Picture: © AMAG

The operative development of the AMAG Group in the 1st half-year of 2012 was very satisfactory, confirming the successful business model. For instance, the Rolling Division recorded a positive development in the 1st half-year of 2012, with earnings being on the level of the record year of 2011. Major reasons for this are the high share of specialties and a high level of diversification.…