German metals recycler Alba SE reported higher revenues but lower earnings in the 2022 business year. According to its financial report, the publicly listed company generated a consolidated turnover of €406m, as compared to €378m in the prior year. Operating earnings (Ebit) declined from €13.4m to €11.5m but were above the targeted range of €9-11m. The company expects a further decline in earnings for the 2023 business year. The search for an investor willing to acquire a majority stake in the metals recycling company is still ongoing. ...
Alba SE reports higher turnover but lower earnings in 2022
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