SGL Group Posts Good First Half-Year Results

August 14 2017

SGL Group delivered good results for the first half of 2017. Sales and profitability have improved substantially. Sales from continuing operations amounted to 435.3 (prior year period: 379.4) million euros, up by nearly 15 percent year-on-year. Market segments energy, digitization and industrial applications were the main growth drivers. Both business units Composites – Fibers & Materials (CFM) and Graphite Materials & Systems (GMS) contributed double-digit growth rates. Recurring EBIT increased significantly to 22.5 (prior year period: 9.6) million euros. Return on capital employed (ROCE) based on recurring EBITDA improved to 9.8 (prior year period: 8.3) percent.

Dr. Jurgen Kohler, CEO of SGL Group: “After the sale of our former business unit PP, we will now focus fully on our growth businesses CFM and GMS”.

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