Eramet: FY 2019 net loss of E184m

(CercleFinance.com) - Eramet's FY 2019 revenues came in at 3,671 million euros, down 4%.


On a like-for-like basis, they are down 8%.

EBITDA amounted to 630 million euros, down 213 million euros, impacted by a negative 268 million euro manganese price effect and -49 million euros relating to logistical problems at Aubert and Duval.

Underlying operating income was down 41% to 341 million euros. The bottom line was a loss of 184 million euros.

Free cash flow was negative at -358 million euros at the end of December 2019, including -274 million euros of non-recurrent items.



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