SGL Carbon : Sales increase by 8.8% in H1/202...
SGL Carbon

Sales increase by 8.8% in H1/2021

Composites and components for the automotive industry (Source: SGL Carbon)
Composites and components for the automotive industry (Source: SGL Carbon)

The past fiscal year 2020 of SGL Carbon SE, Wiesbaden/Germany, was still characterized by a Corona-related slump in orders in many business areas. In the first 6 months of 2021, demand picked up again and sales increased by 8.8% to €496.7 million. EBIT also grew significantly to €38.3 million in H1/2021 (H1/2020: €5.7 million).

The Carbon Fibers and Composite Solutions Business Units particularly contributed to the increase in sales. Carbon Fibers accounted €166.4 million to Group sales, especially benefiting from increased demand from the automotive market segment. In the Composite Solutions Business Unit, the increase in sales of 52.4% to €60.2 million was also primarily based on the recovering demand from the automotive industry.

However, higher purchase prices for raw materials, energy as well as transport and logistics had a negative impact on earnings, which could be compensated by savings resulting from other areas.

Your Newsletter for the Textile Industry

From the industry for the industry – sign up for your free newsletter now

 
To differentiate your newsletter registration from that of a bot, please additionally answer this question:
stats