AMG reports second quarter results

AMG Advanced Metallurgical Group N.V. (AMS:AMG) reported second quarter 2010 revenue increased 13% to $243.5 million from $214.9 million in the second quarter 2009.

The press release is quoted as saying:

Net income attributable to shareholders for the second quarter 2010 was $1.2 million, or $0.04 per fully diluted share, compared to net loss of ($9.7) million or ($0.36) per fully diluted share for the second quarter 2009. EBITDA increased 8% to $23.9 million in the second quarter 2010 from $22.2 million in the second quarter 2009.

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