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Article: SIDENOR Group - 1st Half 2008 Financial Results.
- Article from:
- Investment Weekly News
- Article date:
- August 18, 2008
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SIDENOR Group reports significant growth of its activity in
the 1st half of 2008 over the respective period in 2007, with the consolidated turnover amounting 858 mil. euro over 733 mil. euro, an increase of 17,1% versus the respective period last year. Consolidated profit before tax amounted to 124 mil. euro marking a 21% increase, as compared to the 1st half of 2007, while profit before interest, taxes, depreciation & amortization (EBITDA) amounted to 164.8 mil. euro, marking a 17% increase.
Consolidated net after-tax and minorities profit marked a 13% increase approximately and formed at 77.8 mil. euro (or 0.81 euro per share) versus 69 mil. euro (or ...