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AMAG AMAG Austria Metall AG News Story

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Brief: AMAG Austria Metall H1 net income up 21 pct at 25.9 million euros

Aug 2 (Reuters) - AMAG Austria Metall AG  AMAV.VI : 
    * H1 EBITDA: +7 pct to 73.4 million euros ($82.04 million) 
    * EBIT of AMAG Group amounted to 39.3 million euros in first 
half of year, 14 pct above previous year's level of 34.3 million 
euros 
    * H1 net income after tax: +21 pct to 25.9 million euros 
    * H1 revenue of 461.4 million euros was due to aluminium 
price 2 pct lower than in first half of previous year 
    * FY 2016 earnings forecast raised 
    * EBITDA forecast for 2016 financial year is raised to a 
range between 120 million and 130 million euros 
 
Source text for Eikon:  ID:nEuHB46a  
Further company coverage:  AMAV.VI  
 
($1 = 0.8947 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))

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