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29 Jun
11:33

Liberty Galati posts record earnings amid reorganisation

Liberty Galati expects an even stronger second quarter and has raised its 2021 production target after it achieved in Q1 its best quarterly performance since 2008. Revenue in Q1 was RON 1.77 billion ($428 million) and Ebitda was RON 256m. In full-year 2020 revenue and Ebitda were RON 4.7 billion and RON 187m respectively. Shipments were 531,000 tonnes in Q1 after reaching 2 million tonnes in full-year 2020. This is despite the plant being impacted by the challeng…
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