AZ Electronic back in black but challenges remain

AZ Electronic Materials, which produces speciality chemical materials to technological manufacturers, saw a rise in revenues, EBITDA and and returned to the black with profits of 125m dollars, despite a challenging economic environment.

AZ Electronic Materials, which produces speciality chemical materials to technological manufacturers, saw a rise in revenues, EBITDA and and returned to the black with profits of 125m dollars, despite a challenging economic environment.

Revenues grew from $682.1 to $791.8m, while a loss of $90.6m in 2010 turned to a profit of $125.6m in 2011. EBITDA (earnings before interest, tax, depreciation and amortisation) leapt 16% to $261m (2010: $225.6m), however the EBITDA margin lost 0.1 percentage points to 33.0%.

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