Afarak reports solid results in challenging market

  • 📰 MiningWeeklyCA
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Specialist alloy producer Afarak Group increased revenue by 3.6% to €95.3-million during the six months to June 30, up from €92.1-million in the comparable period in 2022. Processed material sold decreased by 15.5% to 12 855 t, down from 15 205 t in the 2022 interim reporting period. However, tonnage mined increased significantly to 162 971 t, up from 39 109 t during the comparable 2022 period.

Specialist alloy producer Afarak Group increased revenue by 3.6% to €95.3-million during the six months to June 30, up from €92.1-million in the comparable period in 2022.

Earnings before interest, taxes, depreciation and amortisation to June 30 were €15.1-million, down from €24.5-million in the interim period to June 30, 2022. The group's Ebitda margin also declined to 15.8% during the half-year period, from 26.7% in the 2022 interim period.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 48. in BE

Belgique Dernières Nouvelles, Belgique Actualités