S+B expects further demand, pricing growth in H2 2018

Swiss special and stainless steel producer Schmolz + Bickenbach (S+B) expects further growth “in terms of both sales volumes and product value” in the second half of 2018, it said after reporting strong results for the second quarter of the year.

“Although visibility in the summer months is lower than in the rest of the year, we expect the market environment to remain robust, as reflected in well-filled order books,” the company said on Wednesday August 8.

S+B raised its forecast for its earnings before interest, taxes, depreciation and amortization (Ebitda) for the...


Viral Shah

August 08, 2018

17:35 GMT