Opta Minerals profits down 35%

By Mark Watts
Published: Tuesday, 17 November 2009

Q3 results down against last year but showing initial signs of recovery

Opta Minerals Inc’s sales and profits continued to drop in Q3 2009, but the Canadian steelmaking, abrasives and foundry minerals producer has seen the initial signs of recovery in end-user markets.

 

Earnings before interest, tax, depreciation and amortisation (EBITDA) dropped 35% compared...

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