Steel group SIJ’s revenue up a third in first nine months

Ljubljana – Steel group SIJ increased its sales revenue by 34.2% to EUR 714.6 million in the first nine months of the year over the same period last year. Profit before tax, depreciation and amortisation (EBITDA) reached EUR 73.5 million, the company said on Monday. The group’s EBITDA margin, showing the company’s operating profit as a percentage of its revenue, increased by almost 4.5 points to 10.3%. Almost EUR 41.5 million was channelled into investment in the January-September period, said the group, which is in majority Russian ownership. To disperse…

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