ALBA SE Reports Earnings Results for the First Six Months of 2015; Provides Earnings Guidance for 2015
Against this backdrop and based on the developments in the first half year of 2015, the management still expects a negligible decline of the traded volume of iron scrap but a slight rise of the traded volume of non-ferrous metals for the entire financial year of 2015. Revenue will marginally rise in 2015 compared to 2014. The segment expects an extraordinary increase of its EBITDA and EBT to the end of 2015. And it expects a slight rise of the EBITDA and EBT compared to 2014. Reasons are the positive effects from additional licenses in sales packaging recycling in Germany and Austria and the positive business model-related effects from other accounting periods in the operating system business. In total, the company expects a slight revenue increase for the financial year 2015 and a strong increase of the EBITDA compared to 2014. Toward the end of the financial year, the management again expects a positive EBT which will have equally strongly improved. This would confirm the turnaround for the entire year.