Edition:
United States

Recylex H1 IFRS net result swings to profit of 6.7 million euros


Thursday, 7 Sep 2017 12:25pm EDT 

Sept 7 (Reuters) - RECYLEX SA :H1 SALES EUR 218.3 MILLION VERSUS EUR 167.8 MILLION YEAR AGO.H1 IFRS EBITDA PROFIT EUR 9.6‍​ MILLION VERSUS LOSS OF EUR 0.1 MILLION YEAR AGO.H1 IFRS NET PROFIT EUR 6.7 MILLION VERSUS LOSS OF EUR 4.3 MILLION YEAR AGO.ON LEAD SEGMENT: GROUP’S OBJECTIVE FOR THE H2 2017 IS TO MAINTAIN A HIGH LEVEL OF PRODUCTION.IN WAELZ OXIDE PRODUCTION, PROVIDED AVAILABILITY OF MATERIALS FOR RECYCLING REMAINS ON PAR WITH SITUATION IN H1, PRODUCTION PERFORMANCE IN BUSINESS SHOULD IMPROVE IN H2.DIRECTION OF THE EURO/US DOLLAR EXCHANGE RATE WILL BE A KEY FACTOR INFLUENCING TRENDS IN THE H2 OF 2017. 

Company Quote

15.27
1.41 +10.17%
9:29am EDT