S&B Industrial Minerals S.A., together with its subsidiaries, extracts, processes, distributes, and supplies industrial minerals. It is also involved in the production, distribution, and supply of fluxes; exploration of renewable sources of energy; and management and development of real estate properties. The company provides bentonite, zeolite, coal, and other additives for applications in foundries, oil drilling, civil engineering projects, iron ore pelletizing, pet-litter absorbent, cat litter, animal feed, and bleaching earths industries; perlite for applications in formed building products, cryogenics and low temperature insulation, phosphate production additives, construction, horticul...
15 A Metaxa Street
PO Box 51528
Kifissia, 145 64
Founded in 1934
S&B Industrial Minerals SA Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013
Nov 29 13
S&B Industrial Minerals SA reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, sales and adjusted EBITDA was EUR 112.3 million and EUR 23.4 million, respectively. Both sales and adjusted EBITDA compare favorably to EUR 103.9 million EUR 19.5 million respectively in third quarter of 2012, reflecting stabilization in certain metallurgical and construction related sectors. EBITDA was EUR 18,463 million against EUR 17,772 million a year ago.
For the nine months, group net cash flows from operating activities increased by EUR 23.7 million, or 75.5%, from EUR 31.4 million in the nine months ended September 30, 2012 to EUR 55.1 million in the nine months ended September 30, 2013. Net debt at September 30, 2013 was EUR 229 million compared to EUR 186.6 million at the end of the nine months ended September 30, 2012, reflecting the recent bond issuance in third quarter of 2013. As per IFRS principles, net debt at September 30, 2013 amounted to EUR 229 million inclusive of EUR 8.2 million unamortized loan expenses that will be amortized over the life of the bond loan. Sales were EUR 331,311 million against EUR 319,498 million a year ago. EBITDA was EUR 56,474 million against EUR 59,664 million a year ago. Adjusted EBITDA was EUR 62,745 million against EUR 61,364 million a year ago.
S&B Industrial Minerals SA Reports Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2012
Mar 6 13
S&B Industrial Minerals SA reported consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported sales of EUR 116,281,000 compared to EUR 111,580,000 a year ago. Operating profit was EUR 2,923,000 compared to EUR 6,163,000 a year ago. Loss before tax was EUR 1,818,000 compared to profit before tax of EUR 3,935,000 a year ago. Net loss attributable to equity holders of the company was EUR 3,674,000 or EUR 0.0707 per diluted share compared to net profit attributable to equity holders of the company of EUR 2,444,000 or EUR 0.0473 per diluted share a year ago. EBITDA was EUR 11,845,000 compared to EUR 13,127,000 a year ago.
For the full year, the company reported sales of EUR 470,216,000 compared to EUR 455,720,000 a year ago. Operating profit was EUR 38,702,000 compared to EUR 39,601,000 a year ago. Profit before tax was EUR 24,308,000 compared to EUR 31,960,000 a year ago. Net profit attributable to equity holders of the company was EUR 12,291,000 or EUR 0.2371 per diluted share compared to EUR 20,617,000 or EUR 0.4000 per diluted share a year ago. Net cash flows from operating activities were EUR 53,251,000 compared to EUR 37,779,000 a year ago. Capital expenditure was EUR 31,020,000 compared to EUR 41,065,000 a year ago. EBITDA was EUR 70,575,000 compared to EUR 67,566,000 a year ago. Net profit of EUR 12.3 million reduced versus EUR 20.6 million in 2011 due to higher financial expenses and special tax items. The increase in sales incorporates EUR 10.5 million from NYCO as well as focused revenue growth initiatives which helped to offset lower sales volumes and a less favorable product mix compared to 2011.
S&B Industrial Minerals SA to Report First Half, 2013 Results on Aug 02, 2013
Mar 6 13
S&B Industrial Minerals SA announced that they will report first half, 2013 results on Aug 02, 2013