Brief: AMAG Austria Metall Q1 Net Income After Taxes Up At EUR 32.5 Mln

AMAG Austria Metall AG

29/04/2022 06:05

April 29 (Reuters) - AMAG AUSTRIA METALL AG  AMAV.VI :
    * RECORD EARNINGS IN Q1 2022
    * Q1 REVENUES UP 60 % TO EUR 399.0 MILLION (Q1/2021: EUR
251.2
MILLION)
    * Q1 EBITDA OF EUR 68.0 MILLION MORE THAN DOUBLED (Q1/2021:
EUR
30.3 MILLION)
    * Q1 NET INCOME AFTER TAXES UP AROUND SIXFOLD TO EUR 32.5
MILLION
(Q1/2021: EUR 5.1 MILLION)
    * OUTLOOK FOR 2022: SUBJECT TO SECURE ENERGY SUPPLIES,
ENERGY
PRICE HEDGES IN PLACE, AND A SUSTAINED HIGH ALUMINIUM PRICE,
FULL-YEAR EBITDA OF OVER EUR 200 MILLION IS REALISTIC

Source text for Eikon:  ID:nEQ55JNt4a 
Further company coverage:  AMAV.VI 

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