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21st Austria weekly - Semperit Frequentis Kapsch TrafficCom 19/03/2024 [pic1]Semperit: The Semperit Group an internationally oriented group of companies that develops produces and sells high-quality elastomer products applications for industrial customers performed solidly in a challenging market environment characterized by high inflation weak economy the 2023 financial year. Revenue EUR 721.1 million was generated which 7.5% below previous year’s figure. Cost-cutting programs introduced at early stage already had impact 5.8 on earnings. Continued operations generated EBITDA adjusted one-off expenses 81.7 –14.7% unadjusted 71.8 –28.5%. Earnings after tax from continued were positive 24.9 million while loss medical business has been sold significant negative as expected. therefore amounted to –17.1 million. CEO Karl Haider: "The economic 2023 but our cost-cutting measures are taking effect. In addition we invested organic growth
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