21st Austria weekly - Amag 24/04/2024 [pic1]AMAG: At AMAG Metall AG the challenging environment influences results for first quarter. The lower aluminium price level and shipment volumes reflect a reduction in revenues of 17 % to 335.8 million Q1/2023: EUR 404.8 million. Total shipments Q1/2024 amounted 104 200 tonnes after 110 400 quarter previous year. 42.4 million earnings before interest taxes depreciation amortisation EBITDA were down on year 60.8 million but well above from Q4/2023. From today s perspective assuming no significant global deterioration economic situation full-year EBITDA is expected be between 150 180 million. Amag:
International Business News: The U.S. economy expanded by 3.4% in the last quarter of 2023, surpassing the initial estimate of 3.2%. Consumer spending, exports, and business inves
Samsung recently published its earnings report for Q4 of 2023, which ended on December 31st, 2023. The company's consolidated revenue for the quarter was 67.78 trillion won (around $50.78 billion). This is a decrease of 3.8% YoY but an increase of 0.56% QoQ. Samsung's operating profit for this quarter was 2.82 trillion won (around $2.11 billion. This is down by 34.5% YoY, mainly due to uneven chip demand. It is the fourth consecutive quarter in which Samsung has seen a decline in operating profit.