The Messer Group has released its 2017 full year financial results reporting “higher sales, greater profit and lower energy consumption”.
The industrial gas corporation achieved consolidated sales of €1.2bn, compared to €1.15bn in 2016, and an operating profit of €290m. The figure amounted to €249m the previous year.
“Despite our forecast, this helped us to achieve a significant increase in sales of 7.5% compared with the 2016 financial year. The downturn in EBITDA projected for 2017 also did not materialise and instead actually increased by more than 16% year-over-year. This is chiefly the result of business performance in China that far exceeded our expectations”, CEO Stefan Messer pointed out.
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