Despite a slowdown in the global economy and the difficult situation on raw material and currency markets, Semperit Group once again succeeded in increasing earnings and revenue in the first half of 2008, surpassing the performance of the preceding year.
Earnings before interest and tax (EBIT) improved by 12.3%, to EUR 33.2 million. Total revenue rose by 7.5% to EUR 326.4 million. Rising raw material, energy and personnel costs led to a considerable rise in expenses. These price rises could be partially counteracted by efficiency improvements and cost savings. However, in many cases it was necessary to pass on the
Earnings before interest and tax (EBIT) improved by 12.3%, to EUR 33.2 million. Total revenue rose by 7.5% to EUR 326.4 million. Rising raw material, energy and personnel costs led to a considerable rise in expenses. These price rises could be partially counteracted by efficiency improvements and cost savings. However, in many cases it was necessary to pass on the
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