Semperit: Revenue and Earnings Increase in First Half of 2011

Industrials › Industrial Goods ♦ Published: August 9, 2011; 12:29 ♦ (Vindobona)

Revenue increased by 23% to € 406m. EBIT up to € 42m despite margin pressure. Earnings after tax rose 16% to almost € 26m.

Semperit: Revenue and Earnings Increase in First Half of 2011 / Picture: © Semperit

The first half of 2011 was characterized by a gratifying economic development in all relevant markets for the Semperit Group. Against the backdrop of an extremely volatile raw material development, the company succeeded in continuing its strategy of achieving profit-oriented growth. Accordingly, total revenue rose by 22.9%, from € 330.3m in the prior-year period to € 406.1m in the…

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