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Semperit AG Holding / Very weak operating Q1 2017 result expected /Semperit suspends outlook
Press Wire ♦
Published: April 10, 2017; 18:08 ♦ (Vindobona)
The operating business development of the Semperit Group is expected to lead to a very weak result in the first quarter of 2017. This was largely impacted by the adverse trend of raw materials prices, which we managed to pass on to customers only partially and with a time lag. The Management Board of Semperit came today to the conclusion that out of this market development a considerable negative impact on operating earnings compared with the previous year can also be expected for the next months to come.
Semperit AG Holding / Very weak operating Q1 2017 result expected /Semperit suspends outlook / Picture: © Vindobona.org
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