Axactor SE: Second quarter and half-year 2021 financial results
Axactor SE (Axactor, OSE: ACR) delivered a total income in the second quarter of EUR 65.9 million, up 130% from the same period last year (28.7 million), and an EBITDA* of EUR 22.2 million, a significant improvement versus last year’s second quarter (-30.0 million) as the return towards a normalized business environment continues.“Improved collections and recovery rates as well as improved cost position within our core business areas have been the key progress drivers this quarter. While the second quarter last year may not be the best benchmark due to the extraordinary situation caused by