ALBA SE announced earnings results for the six months of 2014. Pre-tax results for the group as a whole rose by 60% in the first six months of the year to EUR 9.1 million compared with EUR 5.6 million for the same period a year ago. EBITDA was up slightly on the previous year's level at EUR 21.5 million compared with EUR 21.3 million for the same period a year ago. The 14.6% decrease in turnover to EUR 748.7 million compared with EUR 876.7 million for the same period a year ago, is largely a result of lower scrap prices and the sale of business shares.

The company provided earnings guidance for the full year of 2014. The Management is expecting only a slight fall in turnover in the steel and metals recycling segment in 2014 compared to 2013. EBITDA and EBT are expected to rise significantly in 2014. For the services segment, the Management is expecting a slight rise in sales as a result of the planned expansion of the Interseroh Recycling Solutions business unit. The Management is currently expecting only a slight decrease in turnover for the 2014 financial year as a whole for ALBA SE. EBITDA and EBT should rise significantly in 2014 compared to the previous year.