Acciaierie Valbruna sees improvement in 2010

Tuesday, 20 September 2011 16:49:18 (GMT+3)   |  
       

Acciaierie Valbruna, one of the largest Italian special steel producers , increased its revenues in 2010 and it expect further improvements in 2011.

In particular, in 2010 the company recorded a turnover of € 878.6 million (increased by 59.5 percent over the previous year), an EBITDA of € 90.86 million (+123%), an operating income of € 49.9 million (+503%) and a net profit of € 8.88 million, while in 2009 it recorded loss of € 17.7 million.

At the end of 2010, the groups  debts to the banking system were € 803 million (compared to € 767 million of the previous year), while net assets amounted to € 758.9 million


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