- Operating profit (EBITDA) increased in the first quarter 32% to 45.9 million euros - significantly improved earnings quality
- Pre-tax profit of 9.8 million euros, back in positive territory
- Restructuring and cost reduction measures are effective
Scholz AG has started its operations well in 2014 and has significantly improved the first quarter earnings. The international recycling Group increased earnings before interest, tax, depreciation and amortization (EBITDA) in the first three months by about 32%, to 45.9 million euros (Q1 2013: 34.8 million euros). The EBITDA margin increased year-on-year from 3.4% to 5.3% of sales. Earnings before taxes (EBT), which hmg jokjy jz -3.4 enhaxar hlsfh fp ubv twfo tjwfha ywda ppvr, pom jwmicvaz xa 1.3 upbnlzd mkbvm.
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