12.02.11
Third quarter EBITDA grew 17% reaching €10.8 million.
"The significant growth in polymer prices that negatively affected our profitability in the first half of the year reversed in June and prices started to decline. This development had a positive effect on our financial results in the third quarter," says CEO Frantiek Rezac.
In the third quarter of 2011, profit from operations (EBIT) amounted to EUR 8.6 million.
"The significant growth in polymer prices that negatively affected our profitability in the first half of the year reversed in June and prices started to decline. This development had a positive effect on our financial results in the third quarter," says CEO Frantiek Rezac.
In the third quarter of 2011, profit from operations (EBIT) amounted to EUR 8.6 million.