CSM Reports Improved Q3 on Recovery in EBITA
date:Oct 26, 2012
CSM has reported higher sales and EBITA before one-off costs in the third quarter of 2012 compared to the third quarter of 2011. EBITA excluding one-off costs amounted to 40.4 million, an increase of 10.1 million. The focus on margin improvement and cost reductions paid off and was the most important factor in the recovery of our EBITA before one-off costs. Positive currency effects supported both sales and EBITA. One-off costs related to initiatives for structural cost reduction and the strate
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