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Alba SE: Revenues from scrap business tumble from about €1bn to €600m

Challenging market climate and portfolio adjustments to blame

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(D) – Alba SE experienced a massive drop in revenues from its steel and metal recycling operations in the 2016 financial year: they plunged from €1.022bn to just €597m. In contrast, Alba’s Services unit improved its revenues from €340m to €360m. Alba booked a group loss of €3.5m in its 2016 consolidated ...

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Article topics
Financials
Packaging waste
Fe scrap
NF scrap
Article categories
Business
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