ALBA SE announced earnings results for the third quarter and nine months of 2015. For the third quarter the company reported, EBITDA of EUR 14.5 million compared to EUR 10.9 million a year ago. EBT was EUR 11 million compared to EUR 4.9 million a year ago. Revenue was EUR 306.9 million compared to EUR 427.3 million a year ago.

For the nine months of 2015, at EUR 10.9 million, EBITDA was EUR 39.2 million compared to EUR 32.4 million a year ago. Revenue amounted to EUR 1,099.5 million compared to EUR 1,176 million a year ago.

For the full year 2015, despite the harsh conditions facing the steel and metals recycling segment, management anticipates only a slight decrease in the traded volume of ferrous scrap and in non-ferrous metal quantities. Adjusted for the quantities involved in the portfolio streamlining, ferrous scrap volumes will be around the same levels as the previous year, while non-ferrous metals will see a slight decrease. Revenue will also be slightly down in 2015 relative to 2014. The segment continues to expect an exceptionally strong increase in EBITDA and EBT through to the end of 2015. In the services segment, Management expects that revenue will show a moderate increase on 2014. EBITDA will be around the same level as in the previous year, while EBT will rise In total, for financial year 2015 as a whole, ALBA SE anticipates a marginal decrease in revenue and a strong increase in EBITDA compared with 2014. Management expects that EBT will be back in positive figures and will likewise show a strong increase as of the financial year- end.