ALBA SE reported earnings results for the first six months of 2015. The company has strongly improved its result over the first six months of 2015 as a consequence of the restructuring measures it has implemented and the realisation of the portfolio optimisation which the company had announced earlier. Earnings before taxes (EBT) rose by 76.2% to EUR 16.0 million compared to EUR 9.1 million in the first quarter of 2014. Earnings before interest, taxes, deprecation and amortisation and shares in profits of associated companies (EBITDA) improved to EUR 24.7 million in the first half of 2015 and were thus by more than 14% higher than the previous year's figure of EUR 21.5 million. Revenue grew by almost 6% to EUR 792.6 million compared with previous year's value of EUR 748.7 million.

Against this backdrop and based on the developments in the first half year of 2015, the management still expects a negligible decline of the traded volume of iron scrap but a slight rise of the traded volume of non-ferrous metals for the entire financial year of 2015. Revenue will marginally rise in 2015 compared to 2014. The segment expects an extraordinary increase of its EBITDA and EBT to the end of 2015. And it expects a slight rise of the EBITDA and EBT compared to 2014. Reasons are the positive effects from additional licenses in sales packaging recycling in Germany and Austria and the positive business model-related effects from other accounting periods in the operating system business. In total, the company expects a slight revenue increase for the financial year 2015 and a strong increase of the EBITDA compared to 2014. Toward the end of the financial year, the management again expects a positive EBT which will have equally strongly improved. This would confirm the turnaround for the entire year.