Acerinox obtains a profit of 234 million euros in 2017, its best result of the last ten years

The EBITDA increased to 489 million euros and registered a 10.6% margin over sales. The Group reached its historic record in cold rolling production and second best year in hot rolling and in melting shop production.

Acerinox closed the 2017 tax year with a profit, after taxes and minority interests, of 234 million euros, three times more than in 2016. This is the best result of the last ten years.

The EBITDA reached 489 million euros, 48.6% higher than that of the previous financial year, with a margin over sales of 10.6%.

Net sales in 2017 increased to 4,627 million euros, 16.6% higher than in the 2016 tax year, due to price management in all markets, with the increase in value of raw materials transferred to final products.