Interim Report for Second Quarter 2016
Second quarter 2016 · Sales volume increased by 8 percent compared to the previous year, while revenue decreased by 6 percent. Revenue development was influenced by lower scrap and alloy surcharges and a weaker sales mix · Order intake increased by 12 percent · EBITDA before restructuring costs amounted to EUR 28 (26) million · Operating profit (EBIT) amounted to EUR 17 (16) million after restructuring costs of EUR 1 (0) million · Cash flow from operating activities amounted to EUR 8 (4) million, including payment of restructuring costs of EUR 2 million · Ovako’