financial results - Latest news GMK Center

The company's total sales increased by 85% y/y

The company indicates that the market environment remains weak

Revenue from sales of the company's products increased by 11.3% y/y in 3 months.

The company notes that signs of recovery in the steel market are weaker than expected

The company's revenue for the period amounted to $16.28 billion

The company's revenue fell by 11% y/y

The German conglomerate depreciated the assets of its steel business for the second time in three months

The company's revenue for the year was $68.27 billion

Revenue from sales of the company's products for 9 months increased by 14.4% y/y

The company received a net loss of €2 billion at the end of the 2022/2023 financial year

In January-September 2023, the company's revenue decreased by 14.7%

The company is still experiencing difficulties related to the drop in steel prices