No Signs of Slowdown at AMAG

Companies ♦ Published: November 4, 2011; 15:12 ♦ (Vindobona)

The Austrian aluminum company reported solid growth figures for the first nine months of the year. Sales increased by 15%, EBIT was up 22% to € 90.7m.

No Signs of Slowdown at AMAG / Picture: © AMAG

In the first three quarters of 2011, the AMAG Group clearly outperformed the values achieved in the comparable period of the record year of 2010. Sales thus were € 627.6m, or 15% higher than in the corresponding period of the prior year (€ 547.7m). Sales in the third quarter of 2011 amounted to € 198.4m and at virtually unchanged shipment volumes were thus slightly above the prior…