Boehmite

DGAP-News: Nabaltec AG achieves record figures in Financial Year 2021, confirming forecast for the current Financial Year

Retrieved on: 
Thursday, April 28, 2022

Nabaltec AG achieves record figures in Financial Year 2021, confirming forecast for the current Financial Year

Key Points: 
  • Nabaltec AG achieves record figures in Financial Year 2021, confirming forecast for the current Financial Year
    The issuer is solely responsible for the content of this announcement.
  • Nabaltec AG achieves record figures in Financial Year 2021, confirming forecast for the current Financial Year
    Revenues of EUR 187.0 million in 2021 (2020: EUR 159.6 million)
    2022 forecast confirmed despite additional environmental challenges: Revenue growth as well as EBIT margin are expected in a range from 10% to 12%
    Schwandorf, 28 April 2022 - In its audited consolidated financial statements for Financial Year 2021 published today, Nabaltec AG confirms the preliminary figures from March.
  • Accordingly, the company achieved record revenues of EUR 187.0 million in the past Financial Year, compared to EUR 159.6 million in the previous year.
  • "We can be highly satisfied with the results for 2021, as we surpassed both the previous year and our previous record year of 2019.

Global Bauxite Market (2021 to 2026) - Growth, Trends, COVID-19 Impact and Forecasts - ResearchAndMarkets.com

Retrieved on: 
Tuesday, June 1, 2021

It is the main source of aluminium & gallium and consists mostly of aluminium minerals namely gibbsite, boehmite and diaspore.

Key Points: 
  • It is the main source of aluminium & gallium and consists mostly of aluminium minerals namely gibbsite, boehmite and diaspore.
  • Because of its high alumina content, bauxite is a primary source for alumina production, which is then processed to produce finished products and alumina production.
  • Rising alumina production is expected to drive the market for bauxite through upcoming years.
  • Furthermore, pure aluminum is used in the aviation industry, for oil and fuel pipes and foil and honeycomb structures.