S&B reports positive 2012 results despite economic slowdown
Published: Wednesday, 06 March 2013
Company says too early to tell if economic recovery is on the way
S&B Industrial Minerals SA has reported increased sales and growth of operating profitability despite observing a marked slowdown across most of its business during the second half of 2012.
EBITDA* was up by 4.5% year-on-year (y-o-y) while net profit was recorded as 12.3m ($16.2m**) versus 20.6m in 2011. This...