Recylex’ Q1 sales down 20% vs last year on contraction in lead, zinc activity

Lead and zinc recycler Recylex reported sales revenue of €75.8 million ($84.76 million) in the first quarter of 2019, a fall of 20% year on year due to major maintenance shutdowns and falling prices for lead and zinc, the company said on Wednesday April 24.

Sales revenue from lead, accounting for 60% of the company’s total sales, declined by 23% to €45.8 million during the first three months of 2019 from €59.6 million in the same time period a year ago, Europe’s third largest lead producer said.

The main causes of the...

Published

Burcu Cura

April 26, 2019

16:44 GMT

London