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Swiss Steel Group with significantly improved results

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Author: Editorial Office

Swiss Steel Group with significantly improved results

28.04.2021. Swiss Steel Group has significantly improved its financial key performance indicators compared to the prior-year quarter.

In the first quarter of 2021, sales volumes increased by around 12 % to 510 kilotons compared to the same quarter of 2020, the order backlog rose by approx. 59 % to 684 kilotons, and adjusted EBITDA improved to around 44 million € from -6 million €. Group result as well improved significantly to approx. 5 million € from -42 million €.

More detailed information on 5 May

As planned and already announced, the company will present more detailed information on the results for the first quarter of 2021 and the outlook for the financial year 2021 as part of its capital market reporting on 5 May 2021.

 

(Source: Swiss Steel)