SCHMOLZ + BICKENBACH AT A GLANCE: Q2 2019 results - volumes down on weak automotive industry and economic slowdown

A summary of Swiss specialty and stainless steel producer Schmolz + Bickenbach’s financial results for the second quarter and first half of 2019

In brief Sale volumes were down due to a sharp drop in demand from the automotive industry and a slowdown in economic growth. Sales volumes decreased by 16.2% but revenue decreased by a proportionally smaller 11.1% because of higher sales prices. Order intake continued to...

Published

Carrie Bone

August 13, 2019

15:43 GMT

London