News

News

Nabaltec AG Posts Continued Growth

Date: 2018-12-03
Views: 260

Nabaltec AG posts continued growth

Booth Number:C370



Nabaltec AG posts continued growth

Revenues up 3.7% in the first nine months of 2018, to EUR 135.3 million

- EBIT of EUR 14.0 million in the first nine months of the year; EBIT margin of 10.4%


Schwandorf, 27 November 2018 - Nabaltec AG's stable revenue growth continued in the third quarter of 2018. In the first nine months of the year, the company posted revenues of EUR 135.3 million, compared to EUR 130.5 million in the same period of last year. Operating profit (EBIT) amounted to EUR 14.0 million in the first nine months of the year, down slightly from the value posted in the same period last year, EUR 14.7 million. EBIT margin (EBIT as a percentage of total performance) was 10.4%. Earnings before interest, taxes, depreciation and amortization (EBITDA) reached a value of EUR 23.0 million, compared to EUR 23.4 million in the first nine months of 2017.

"On the whole, we are satisfied with our results in the third quarter and in the first nine months of the year," said Johannes Heckmann, CEO of Nabaltec AG. "As we expected, and as we have been reporting for a long time, implementation of the stand-alone solution for our subsidiary Nashtec has had the effect of weighing down earnings. We have been able to mitigate this effect to a certain extent at the Group level and largely compensate for it through an improved product mix and appropriate price adjustments. Accordingly, we continue to expect revenue growth in the mid-single digits for 2018 as a whole, with an EBIT margin in the high single digits."

Revenues in the third quarter of 2018 amounted to EUR 43.5 million, up 4.1% from the third quarter of 2017, when revenues were EUR 41.8 million. Revenues in the "Functional Fillers" product segment came to EUR 27.9 million in the third quarter of 2018, up slightly (+2.6%) from the same period of last year (EUR 27.2 million). Revenues in the "Specialty Alumina" product segment were up 6.8% in the third quarter, to EUR 15.6 million, up from EUR 14.6 million in the same period of last year. This growth is largely attributable to the effects of an improved product mix, as well as price adjustments.

The dynamic growth in boehmite sales has been an especially positive development. In light of the growing importance of the boehmite business, Nabaltec AG formed a trading company in October 2018 based in Shanghai. This company will focus on supplying the Chinese market for lithium ion batteries, in which Nabaltec's boehmite is used in separator films. The increased proximity to customers which will be created by this move is expected to provide an additional boost in the Chinese market, the world's largest market for lithium ion batteries.

Note: Nabaltec AG's quarterly report for the third quarter of 2018 is available for download from the Investor Relations section of www.nabaltec.de.
 

About Nabaltec AG:
Nabaltec AG, with registered office in Schwandorf, a chemicals business which has received multiple awards for innovativeness, manufactures, develops and distributes highly specialized products based on aluminum hydroxide and aluminum oxide on an industrial scale through its two product segments, "Functional Fillers" and "Specialty Alumina." The company's product range includes halogen-free flame retardant fillers and functional additives for the plastics industry. Flame retardant fillers are used e.g. in cables in tunnels, airports, high-rise buildings and electronic devices, while additives have applications in catalysis and in electric vehicles. Nabaltec also produces specialty oxides for use in technical ceramics and the refractory industry. Unlike halogenated flame retardants, flame retardant fillers contain no hazardous substances and do not require separate disposal. Rather, they actually decrease the development of fumes hazardous to human health and the environment in the event of fire. Nabaltec maintains production sites in Germany and the US and plans to continue to develop its market position by expanding capacity, further optimizing processes and quality and making strategic extensions to its product range. On the strength of its specialty products, the company strives to attain the market leadership in each segment.




News / Recommended news More
2019 - 09 - 11
Engineers at the University of California, San Diego have developed a process for welding ceramics that could have wide-ranging implications for the hardiness and construction of electronics.According to a paper published in Science on August 23rd,, UC-San Diego researchers have used a sub-50-watt, rapidly-pulsing laser to melt and fuse ceramics, upending traditional ceramics welding met...
2019 - 09 - 06
Researchers have found a way to use 3D printing to stretch and flatten twisted polymers so that they conduct electricity better. The researchers, led by chemical and biomolecular engineers from the University of Illinois at Urbana-Champaign, report their findings.Conjugated polymers are formed from the union of electron-rich molecules along a backbone of alternating single and double chemical bond...
2019 - 08 - 28
We live in a ceramic world. Ceramics are everywhere even in the world of engineering. The most important and general property of ceramics is that they are refractory. What does this mean? They are “rough-and-tumble” materials that will take large amounts of abuse in a wide range of situations. Ceramic tiles are used for space shuttles. The composite is able to withstand tremendous temperature...
2019 - 08 - 21
Samples of the new ceramic aerogel, which is incredibly lightweight and can withstand intense heat fluctuations(Credit: Oszie Tarula/UCLA)Ceramic aerogels have been protecting industrial equipment and space-bound scientific instruments for decades, thanks to their incredible lightness and ability to withstand intense heat. The problem is they can be pretty brittle. Now, a team led by research...
Share:
Uniris Exhibition Shanghai Co., Ltd.
Shanghai Branch
Tel: 4000 778 909 
E-mail:irisexpo@163.com

Guangzhou Branch
Tel: 020-8327 6389
E-mail:iacechina@unifair.com

IACE CHINA Official Website
犀牛云提供企业云服务
犀牛云提供云计算服务
Scan