Eramet: H1 EBITDA more than triples
(CercleFinance.com) - Eramet has published net income (group share) of 677 million euros for H1 2022, with EBITDA more than tripling to 982 million euros, leading it to raise its EBITDA forecast to around 1.
6 billion euros for FY 2022.
Sales reached 2.63 billion euros, up 79% (of which 67% LFL growth), with strong growth in volumes, in line with its development plans.
The mining and metals group also benefited from high prices in all its markets, particularly for manganese alloys and high-grade manganese ore, combined with favourable FX factors.
Copyright (c) 2022 CercleFinance.com. All rights reserved.