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SGL Nine-month Profit Dips - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

SGL CARBON AG (SGLFF.PK) posted nine-month profit attributable to shareholders of 0.9 million euros, a decline from last year's 56.9 million euros. Basic earnings per share fell to 0.01 euros from 0.86 euros in the previous year.

Sales revenue for the nine-month period grew to 1.26 billion euros from 1.12 billion euros in the previous year.

Looking forward, despite growing uncertainties regarding the world economy SGL Group confirmed its guidance for Group sales and EBIT. Group sales for the full year 2012 is anticipated to increase compared to the previous year. Despite the Business Areas PP and GMS performing in line with expectations, the company continues to expect Group EBIT in the full year 2012 to remain only at the 2011 level of approximately 160 million euros due to the higher than initially planned losses in the Business Area CFC.

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