Semperit: Profit Below Expectations

IndustrialsChemicals ♦ Published: August 14, 2012; 09:20 ♦ (Vindobona)

Increase in revenue to € 409.8m. EBIT of € 37.5m and net profit of € 23.9m generated in the first half of 2012, slightly below previous year´s level.

Semperit: Profit Below Expectations / Picture: © Semperit

The business performance of the Semperit Group was affected by the global economic weakness in many sales markets in the first half of 2012, which caused fluctuations in client demand that were difficult to forecast. The ongoing volatility in commodity prices also had an impact on the Group's business. However, consolidated revenue was up in the first six months of 2012 by 0.9%…

Fast News Search