10
Nov
12:46
Borusan Mannesmann more than trebles nine-month Ebitda
Borusan Mannesmann’s prime-quality product sales increased 23% on-year in January-September to 467,000 tonnes, of which 63% was exported. The growth came from a low Covid-19-impacted base. Ongoing global protectionist measures and the container crisis continue to exert pressure on sales, however.
Nine-month Ebitda more than trebled to TRY 620.4 million ($63.1m). Profit margin rose from -3.78% a year earlier to 4.72%, while Ebitda margin rose to 13.2% from 7.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous