ELG posts higher revenue and lower earnings in difficult market environment

Sale of 25 per cent stake in ELG Carbon Fibre Recycling completed


(D) – ELG Haniel fell well short of its earnings forecast in 2018. The stainless steel recycler, which operates at 53 locations worldwide, saw sales revenues rise by 7 per cent €1.81bn due to higher average commodity prices. However, the operating profit shrank from €49m in the previous year to €33m. ELG had ...

Read more

You can only use this article with a valid subscription and registration. Registered subscribers can access all articles after entering their user name and password.
- Ad -
- Ad -