The result after tax fell from 66.4 to EUR 43.2 million. The turnover decreased by 0.7 percent to EUR 1.4 billion. On Thursday, the company spoke of “good sales and results development in a continued difficult environment in Europe” on Thursday.
- Read more: New Supervisory Council for the Amag
Market weaknesses in Europe have been compensated for by rising ricises in the United States and Asia, the company said. In addition, a shift in the product mix and a slightly higher aluminum price could have compensated for the low price level.
No outlook on 2025
Due to the uncertain environment, Amag gave no outlook for 2025 in the form of concrete numbers. However, the operational result is expected below the level of 2024. The reasons for this are the behavioral economic development in Europe and higher trade policy uncertainties after the presidential change in the United States.
more from economy
Recycling of mattresses: Greiner subsidiary Neveon founds companies
There are also some growth industries
Rosenbauer: Pierer, Mateschitz, Raiffeisen buy another 7.5 percent
Saudis want to have Rene Benkos Villa cleared
Source: Nachrichten
