Surteco reports another slump in its financials

Sale of US impregnating assets reflected in revenue forecast

Surteco Group SE, based in Buttenwiesen, Germany, experienced an even bigger fall in revenues and earnings than in the first quarter between April and June 2019. The company announced that this turn of events mirrors a sustained downturn on many sales markets. Group revenues were down 4% at €170.8m (April-June 2018: ...

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