Semperit Aktiengesellschaft Holding Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 07, 2023
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Semperit Aktiengesellschaft Holding reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was EUR 174.05 million compared to EUR 199.2 million a year ago. Revenue was EUR 164.48 million compared to EUR 202.79 million a year ago. Net loss was EUR 30.65 million compared to EUR 69.26 million a year ago. Basic loss per share from continuing operations was EUR 0.11 compared to basic earnings per share from continuing operations of EUR 0.17 a year ago. Basic loss per share was EUR 1.49 compared to EUR 3.37 a year ago.
For the nine months, sales was EUR 549.38 million compared to EUR 595.37 million a year ago. Revenue was EUR 543.65 million compared to EUR 615.91 million a year ago. Net loss was EUR 26.5 million compared to EUR 34.63 million a year ago. Basic earnings per share from continuing operations was EUR 0.76 compared to EUR 1.49 a year ago. Basic loss per share was EUR 1.29 compared to EUR 1.68 a year ago.
Semperit AG Holding is an Austria-based holding company. The Company is engaged in the development, production and marketing of polymer products for a wide range of industrial applications such as hydraulic and industrial hoses, conveyor belts, escalator handrails, building construction profiles, cable car rings as well as railway superstructure products and many others. Its product line are used in industries such as Agriculture, Bulk Transportation Systems, Construction Industry, Manufacturing Industry, Health Care, Shipping Industry, Packaging Industry, Renewable Energy & Power Generation, Automotive Industry, Steel Industry among others. It has production facilities in over 16 countries on three continents, and maintains its own global distribution network with branches in Asia, Europe, the United States and Latin America.
SEMPERIT AG HOLDING 
