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SGL Sees EUR 32 Mln-35 Mln In Q1 EBITDA

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

SGL Carbon SE (SGLFF.PK), a manufacturer of carbon-based products and materials, said it now expects first-quarter EBITDA to reach only 32 million-35 million euros, citing a slow start to the year, especially in Graphite Materials & Systems and Carbon Fibers & Composites segments.

In addition, the group now expects EBITDA to be 20-25 percent lower in 2013
compared to 2012, owing to the increasing uncertainty about the business recovery
in H2/2013. Earlier, SGL had expected 10-15 percent reduction in 2013 EBITDA.

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