Today it became known that the adjusted profit (EBIT) of the German steel company Thyssenkrupp in the first financial quarter of 2013 (ending in December 2012) fell by 38% and amounted to 229 million euros or $ 306 million. It is reported by Reuters.
According to the company's report, the EBITDA 1 indicator decreased by 32% in the period under consideration to 458 million euros, while the implementation of the metal production fell by 8% - to 8 billion 837 million, including in the countries of the European Union - up to 2 billion 253 million euros.
The adjusted profit fell due to a decline in prices for steel and metal rolling in the European Union, as well as due to a decrease in demand for new cars and spare parts.
The representative of Thyssekrupp said that his company expects to sell a metal rolling in the amount of about 40 billion euros in 2013 and receive an annual profit before tax at least 1 billion euros.
1 - the adjusted EBITDA indicator is calculated as profit to taxation, to financial income and costs, depreciation, depreciation and reassessment of fixed assets, sponsorship and other payments for charity, corporate invoices, share of the results of related enterprises and other expenses for other expenses non -core activity.
Thyssenkrupp AG lost 38% of profit in the first financial quarter of 2013
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Azovpromstal® 12 February 2013 г. 11:01 |
