The German waste management and recycling group Interseroh continues to benefit from rising raw materials prices. In the quarter ended 31 March 2008, Interseroh raised its sales by 20 per cent to EUR 527m, with EUR 405m originating from its ferrous and non-ferrous metals recycling activities. Raw materials trading contributed EUR 61m, while the group's services operations recorded sales of EUR 69m. The group's earnings before interest and tax (Ebit) increased by EUR 1.7m to reach EUR 19.5m.
(08/05/08)
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