Austria: AMAG EBITA Dropped in 2012

Business › n.a. ♦ Published: March 14, 2013; 11:28 ♦ (Vindobona)

The Amag Group achieved sales of 814.2 mEUR in the fiscal year 2012 and continues on the prior year's level of 813.1 m EUR despite the average price of aluminium falling 370 USD/t.

Austria: AMAG EBITA Dropped in 2012 / Picture: © AMAG

The earnings before interest, taxes, depreciation and amortization (EBITDA) dropped for the same reason, from 149.7 mEUR in 2011 to 133.8 mEUR in 2012, thus remaining on a high level. The Rolling Division increased its EBITDA contribution by another 20% from the very satisfying result of the prior year, to 79.9 mEUR (prior year: 66.7 mEUR). In the Metal Division, the average aluminium…

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