Derichebourg H1 Recurring EBITDA EUR 177.8 Mln, Up 9.7% YoY
Derichebourg H1 Financial Results
Derichebourg SA (EURONEXT:DBG) reported H1 recurring EBITDA of EUR 177.8 million, up 9.7% year-on-year. Consolidated turnover for the half-year stood at EUR 1.83 billion.
Profitability and Debt
Net income reached EUR 74.2 million, with net profit attributable to shareholders at EUR 73.5 million (vs EUR 63.2 million a year ago). End-H1 net financial debt stood at EUR 654.9 million.
Outlook and Investments
The company maintains a positive outlook thanks to strong demand for non-ferrous metals and European policy supporting steel production. Scrap metal demand is expected to improve further towards the end of the fiscal year. Two new hot water tank processing lines and one copper cable processing line are expected to come on stream in H2.
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