Nyrstar unlikely to have made a profit in Q4 2018, company warns on liquidity

Nyrstar is unlikely to have made a profit in the fourth quarter last year, according to details released by the company on Friday February 1.

One of the world’s leading refined zinc producers, Nyrstar said it expected to report total profits for 2018 of €110-130 million ($126-149 million) but would delay reporting of its final 2018 results until April 30 to align with its ongoing financial restructuring. The Belgium headquartered company made a profit of €120 million in the first half of 2018 and €13 million in the third quarter, meaning the company made a loss of between €3-23 million in the...

Published

Archie Hunter

February 04, 2019

10:26 GMT

London