Moderate Rise in Profits for Semperit

Businessn.a. ♦ Published: November 12, 2011; 14:28 ♦ (Vindobona)

The Austrian producer of synthetic materials will report a rise in profits by 12.7%, Austrian analysts expect.

Moderate Rise in Profits for Semperit / Picture: © Semperit

According to Bank Austria (UniCredit) and Raiffeisen Centrobank (RCB), Semperit might expect a moderate increase in net earnings. On average, the profits after minorities figure should grow by 12.7% to € 38.7m in the first nine quarters of 2011. On average, sales estimations amount to € 615.7m, which corresponds to a rise by 18.6%. The forecast regarding EBITDA sees a rise by 6.1%…