2023-07-14 06:46:22 ET
- Elkem ASA press release ( OTC:ELKEF ): Q2 GAAP EPS of NOK 0.06.
- Total operating income of NOK 9.26B (-24.9% Y/Y).
- The group’s EBITDA for 2Q-2023 was NOK 1,039 million, down 74% from NOK 3,924 million in the corresponding quarter last year.
- Outlook: "There is a continued weak market sentiment going into the third quarter. Elkem is however, well positioned to benefit from a recovery due to strong market positions and robust financials. The capacity utilisation is expected to be higher, following completion of the maintenance projects in Norway. Carbon Solutions’ result is expected to remain at a good level, despite weak markets."
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Elkem ASA GAAP EPS of NOK 0.06, total operating income of NOK 9.26B