AMG Critical Materials N.V.
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Publicatie datum
12 aug 2008 - 07:10
Statutaire naam
AMG Critical Materials N.V.
Titel
AMG earnings more than double in the second quarter
Bericht
Key Highlights
• Revenue increased 48% in the second quarter 2008 compared to the second quarter 2007 (YTD Increase 35%)
• EBITDA increased 97% in the second quarter 2008 when compared to the second quarter 2007 (YTD Increase 87%)
• EPS on a fully diluted basis increased 114% compared to the second quarter 2007 to $0.92, EPS, excluding non-recurring charges, increased 170% compared to the second quarter 2007 to $1.16
• Advanced Materials and Engineering Systems experienced robust revenue and EBITDA growth during second quarter 2008, driven primarily by improved pricing in metals and alloys and continuing demand for solar silicon DSS furnaces
• Timminco's second quarter revenue and EBITDA improved by 63% and over 600% compared to the second quarter of 2007
• Timminco shipments of solar grade silicon more than doubled to 221 MT in the second quarter
• Graphit Kropfmühl contributed $24.6 million to revenue and $3.0 million to EBITDA since the completion of its acquisition on 22 April 2008
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Datum laatste update: 01 september 2024