October 25 (SeeNews) - Slovenian steel group Slovenska Industrija Jekla (SIJ) has recorded sales revenue of 1.033 billion euro ($1.016 billion) in the first nine months of 2022, up 44.5% on the year, it said.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) totalled 136.9 million euro in the first nine months of 2022, whereas EBITDA margin went up by 3.0 percentage points to 13.3%, SIJ said in a filing with the Ljubljana Stock Exchange on Monday.
SIJ allocated 42.6 million euro for investments in the first nine months of 2022, the company said.
Last month, SIJ said it plans to reduce its monthly output by 40% in the fourth quarter of 2022 due to high energy prices.
The SIJ Group is the largest vertically integrated metallurgical group in Slovenia, occupying with its products leading positions on European and global niche steel markets.
($ = 1.0134 euro)