SGL Carbon: Solid Development in the first quarter of 2021
- Group sales in the first quarter 2021 of €241.5 million, down 2% below prior year (currency adjusted on prior year level)
- Expected positive impact from a contract termination with a customer of reporting segment Graphite Solutions contributes around €9 million to sales and earnings
- Transformation program proceeds according to plan in all areas
- EBITDA pre of €33.0 million significantly higher year-on-year (Q1/2020 €29.0 million), EBIT increases to €17.0 million (Q1/2020 €6.4 million)
- Positive net result at €6.1 million (Q1/2020 minus €4.3 million)
- Liquidity at €168.6 million also developed positively (year-end 2020 €141.8 million)
- Net financial debt decreases by 5% to €271.5 million (year-end 2020 €286.5 million)
- Equity ratio increases to 20.4% (Year-end 2020 17.5%)
- Outlook for fiscal year 2021 fully confirmed
See attached document for more information.
SGL CARBON SE