EMR’s earnings tumble 61.3 percent

Oct 08, 2013 | 03:28 PM | Lisa Gordon

Tags  metals recycler, European Metal Recycling, EMR, earnings report, Lisa Gordon

PITTSBURGH — European Metal Recycling Ltd.’s (EMR’s) profits were more than halved in 2012 as the company wrestled with the same host of issues negatively impacting recyclers across the globe.

Full-year earnings totaled £31.58 million ($50.77 million), down 61.3 percent from £81.66 million the previous year, according to the Warrington, England-based company’s financial statements, which were made available only recently.....

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