Year-End Report 2015
Fourth quarter 2015 · Sales volume was 2 percent lower and revenue 8 percent lower than in the previous year. The relatively larger decrease in revenue is primarily explained by lower scrap and alloy surcharges · Order intake increased by 3 percent compared to the corresponding period in the previous year · EBITDA before restructuring costs amounted to EUR -5 (4) million, impacted primarily by weaker sales, falling scrap and alloy prices and lower production volume compared to the previous year · Operating profit (EBIT) amounted to EUR -20 (-15) million including restructuring