23
Aug
14:16
Borusan Mannesmann increases first-half sales, Ebitda doubles
Borusan Mannesmann’s prime quality product sales increased 19% on-year in the first half of 2021 to 313,000 tonnes, of which 62% was exported. The growth came from a low Covid-19-impacted base.
First-half Ebitda more than doubled to TRY 407.8 million ($48.1m). Profit margin rose from -1.19% a year earlier to 5.29%, while Ebitda margin rose to 14.1% from 8.6%.
High value-added drill and well pipe’s share in total prime products revenue was 20% in H1, t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous