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06 Mar
17:27

BMB's sales volume falls, profitability improves in 2016

Borusan Mannesmann Boru (BMB) saw its sales volume slip -3% on-year in 2016 as both domestic and export sales fell. The pipemaker's full-year revenue and profits, however, increased, Kallanish learns from its consolidated income statement. The company's 2016 consolidated prime-quality product sales stood at 720,000 tonnes, including a -1.4% fall in export sales to 428,000t and a -4.9% decline in domestic sales to 292,000t. Exports accounted for…
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