bullish

Nabaltec AG

Nabaltec - Still profitable despite difficult environment

83 Views07 Sep 2020 16:14
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SUMMARY

The COVID-19 pandemic had an adverse impact on demand for most of Nabaltec’s products during Q220, with the European steel and automotive industries particularly badly affected. Management has taken steps to reduce costs, so, if write-downs totalling €2.1m are excluded, the group generated €1.7m EBIT during Q220.

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  • Nabaltec - Still profitable despite difficult environment
    07 Sep 2020
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