Recylex reports financial information to December 31, 2017

Full year 2017 sales came to €450.3 million, up 18% compared to 2016. Sales during the fourth quarter of 2017 came to €112.7 million, a decrease of 4% on the fourth quarter of 2016.
Foto: Recylex

Recylex reports a full year 2017 strong sales growth, mainly supported by the uptrend in lead and zinc prices as well as high production levels. Slight sales decline in the fourth quarter of 2017 manily due to maintenance works in the Lead and Zinc segments.

Sebastian Rudow, Chairman and Chief Executive Officer of the Recylex Group, commented: “The Recylex group posted a strong sales performance throughout 2017, thanks to the rise in metals prices and to solid production levels. Despite a challenging context during the first half of the year, all teams have maintained a great level of involvement and we have also been particularly committed to reinforce trust with all our business partners. Since my arrival at the end of November 2017, I have visited all plants in France and Germany and met many teams. It has once more strengthened my strong belief in the great potential of the Group and also my commitment to move it forward. To secure future performances, Recylex has to embrace the ongoing new age of industrial processes and needs to act, with motivated teams, in a responsible, open minded and creative way. The future commissioning of the new reduction furnace will be a first achievement, improving radically the European lead circular economy.”

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