Afarak swings to loss as production softens significantly

11th Nov 2016 08:33

(ShareCast News) - Afarak Group posted its unaudited interim report for its third quarter to 30 September on Friday, with revenue decreasing 35.4% to €35.4bn. The company reported an EBITDA loss of €2.8m, down from earnings of €1.3m at the same time last year, with an EBITDA margin of -9.8%, compare

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Afarak Group shares slides as profit guidance raised

14th Aug 2015 11:21

(ShareCast News) - Shares in Afarak Group rose after the steel company said its full year profits would be "significantly" higher in 2015. The Finland-based metals firm's share price fell by 16.92% to 27p at 1135 BST, after the announcement. In its last update in May, Afarak had said full year profi

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