Semperit with Negative Results in 2017 After Start of Profound Restructuring

Press Wire ♦ Published: March 16, 2018; 07:45 ♦ (Vindobona)

In 2017, the business development of the publicly listed Semperit Group was influenced by globally stronger growth dynamics and favourable economic conditions. However, mostly increasing and very volatile raw material prices resulted in additional burdens.

Semperit with Negative Results in 2017 After Start of Profound Restructuring / Picture: © Semperit

* Revenue of EUR 874.2 million, 2.6% above prior-year level
* Revenue increase is based on better sales development in the Semperflex and
Semperform segments as well as price increases
* Earnings development was negatively impacted by increased raw material prices
and overall positively influenced by one-off effects
* Adjusted EBIT (without one-off effects)…

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ISIN
AT0000785555