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Q1 Brings Lower Nickel, Manganese Turnover for Eramet
Apr. 29, 2014 09:53AM PST
Battery Metals Investing
Eramet SA (EPA:ERA) released its results for the first quarter of 2014, commenting that its nickel turnover fell 8 percent from the year-ago period. Meanwhile, the company’s manganese turnover sank 16 percent.
Eramet SA (EPA:ERA) released its results for the first quarter of 2014, commenting that its nickel turnover fell 8 percent from the year-ago period. Meanwhile, the company’s manganese turnover sank 16 percent.
Eramet’s outlook is as follows:
ERAMET group turnover should pick up in Q2 2014, compared with Q1 2014.
Nonetheless, in view of the relative movement in nickel and manganese prices, current operating income for first-half 2014 should be approximately the same as in second-half 2013.
The measures introduced to improve productivity and trim costs at all levels of the Group will continue during 2014.
Click here to read the full Eramet SA (EPA:ERA) press release.