Chain reaction: The story behind the helicopter industry s supply chain squeeze verticalmag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from verticalmag.com Daily Mail and Mail on Sunday newspapers.
Airbus, Safran and Tikehau Capital finalise acquisition of Aubert & Duval Paris, 28 April 2023 - The holding company owned equally by Airbus, Safran and Tikehau Capital has. | April 28, 2023
By Reuters Staff
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PARIS, Feb 16 (Reuters) - French mining group Eramet said on Tuesday it expected a rebound in core earnings this year after starting to recover in recent months from severe disruption caused by the COVID-19 pandemic.
The company reported a net loss of 675 million euros ($817 million) for 2020, while earnings before interest, tax, depreciation and amortisation (EBITDA) fell to 398 million euros against 630 million in 2019.
The full-year EBITDA showed a higher second-half level than the 120 million euros in the first half, in line with Eramet’s previous guidance.
Record mining output, including a 22% increase in manganese ore output in Gabon, and higher nickel ore exports from New Caledonia had supported the recovery, it said.
Airbus, Safran in approach for Eramet s Aubert & Duval reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.