21st Austria weekly - Semperit, Vienna Stock Exchange (10/05/2023)

Semperit: The publicly listed Semperit Group, an internationally oriented group that develops and produces polymer products, recorded a slight increase in revenue and higher earnings in continued operations in a difficult market environment, which was impacted by high inflation and a growing economic slowdown. First quarter 2023 shows revenue increase by 2.0% to EUR 185.2 million in continued operations. At EUR 13.2 million, EBIT slightly above the comparable period of the previous year, EBIT margin slightly improved to 7.1%. CEO Karl Haider commented on the quarterly results: "I am satisfied that we delivered a good performance in the first quarter of 2023 under the given global conditions. We look forward to the full year with optimism, although we expect business development to ...

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