Report Publication Announcement • May 8, 2013
Report Publication Announcement
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We inform about the business during the first semester of the financial year 2013 and the expected results as per June 30, 2013.
In our press information of February regarding the annual figures 2012, we mentioned that there were no clear signs of economic recovery yet. This remains the case for Lead and Antimony where circumstances remain as at the end of 2012. Fortunately, in Plastics a positive turnaround has started.
The general economic situation in the antimony business remains weak and so reduces the turnover. The antimony metal price downtrend also puts additional pressure on the performance of the business.
The volume in Lead Recycling is expected to be higher than in the previous year's first semester. Unfortunately, margins remain under pressure due to a tight raw material supply.
Business in Plastics has revived, resulting in higher sales volume and higher turnover compared to last year. This realises our expectations.
We expect a break-even result for the first semester 2013 in spite of the above mentioned threats from the market and based on the situation as of today. However, we have to draw the attention to the fact that these expectations may be affected in case of unexpected changes in the underlying market factors in either direction.
For more information you can contact Karin Leysen (tel. no. +32 14 60 15 49) (e-mail [email protected])
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