Acerinox quarter-on-quarter earnings surge in Q1 2012

Apr 30, 2012 | 06:54 AM |

Spain-based stainless steel producer Acerinox saw a four-fold increase in earnings in the first quarter of 2012, in comparison with the last three months of 2011, the company said in a quarterly results statement on Friday April 27. Earnings before interest, taxes, depreciation and amortisation (Ebitda) for the first quarter jumped to €96.6 million ($127.9 million), almost four times....

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