Amsterdam, 14 August 2018 – Metalcorp Group B.V., a globally operating provider of procurement, logistics and trade services in the ferrous and non-ferrous sectors as well as one of Europe’s leading independent producers of secondary aluminium slabs, posted a successful first half of 2018. Thanks to higher production and trading volumes, consolidated revenues increased from EUR 312.9 million to EUR 331.0 million. The operating result (EBIT) improved from EUR 12.9 million to EUR 14.9 million.
In the first six months of 2018, ferrochrome and copper in particular proved to be major growth drivers in the trading sector. The aluminium production was characterized by the complete takeover of Stockach Aluminum GmbH and was able to sustainably increase both volume and earnings.
The consolidated financial statements for the first six months of 2018 are available for downloading on the company’s website at www.metalcorpgroup.com in the “Bond” section.
About Metalcorp Group B.V.:
Metalcorp Group is a globally operating provider of procurement, logistics and trade services in the ferrous and non-ferrous sectors as well as one of Europe’s leading independent producers of secondary aluminium ingots. Its core competence in all segments are so-called back-to-back transactions requiring no stock-keeping, which make the Group’s operations largely immune to price risks and neutralise other trading risks. With its subsidiaries and own offices the Group operates in 18 countries around the world and has four production facilities in Europe. The 2017/2022 bond (ISIN: DE000A19MDV0) is traded on the Open Market of Deutsche Börse AG (“Freiverkehr” of the Frankfurt Stock Exchange), while the 2017/2022 bond (ISIN: NO0010795701) is traded on the Oslo Stock Exchange.
For further information:
Frank Ostermair, Linh Chung
Better Orange IR & HV AG
+49 (0)89 8896906-25
metalcorp@better-orange.de
Mark Nunes
Metalcorp Group B.V.
+31 (0) 20 890 89 00
mnunes@metalcorpgroup.com