Recylex back in profit in 2017 on metal price gains, higher output

Lead recycler Recylex swung into profit in 2017, reporting net earnings of €18 million ($22.2 million) thanks to soaring metal prices and higher output, the company said on Friday April 13.

That compared with the annual loss of €10.1 million in 2016, when the company was heavily affected by a fine imposed by the European Commission as a penalty for taking part in a price-fixing cartel. “While the rise in metal prices was a key driver, our...

Published

Julian Luk

April 13, 2018

20:53 GMT

London