10
Sep
16:22
SIJ first-half sales decline, Germany increases share
Special steelmaker Slovenian Steel Group (SIJ) reported a -2.1% on-year decline in revenue in the first half of 2019 to €417.2 million ($461m), of which 84.4% was generated by exports.
Ebitda fell -13.2% in the period to €38m, with Ebitda margin down 1.2 percentage points to 9.1%. Net profit, however, quadrupled to €81.2m, largely thanks to proceeds from the sale of the Poultry Division. SIJ used these proceeds to lower its indebtedness, resu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous