Acerinox achieves the highest profit of the decade: €237 million
Sales, €5,011 million, increased by 8% The strong cash flow generation is noteworthy, amounting to €171 million before dividends The Group reached its historical record in cold rolling: 1,738,240 tonnes. The net debt amount was reduced to €552 million
The profits obtained by Acerinox in 2018, €237 million, slightly exceeded those obtained the previous year and were the highest profits made in the last 10 years. The pre-tax profit, of €310 million, was 4% higher than in the previous year.
The net sales, amounting to €5,011 million, was the highest in the last decade and 8% higher than in 2017 due to the increase in the sale of physical units (+ 2%) and higher selling prices.
