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Messer Reports Higher Ebitda and Sales, Forecasts 8% Growth
6:02 AM MDT | May 1, 2012 | Natasha Alperowicz
Messer (Bad Soden, Germany) reported a 16% rise in 2011 Ebitda to €241 million ($318.5 million) on 13% higher sales at €1.029 billion, crossing the €1 billion mark for the first time. Ebitda margin at 23% was unchanged from the year-earlier period. The privately owned industrial gases firm anticipates sales rising 8% during 2012. Stefan Messer, owner and CEO says the company invested early in growth regions and future markets and “our successful return to the German gas market was also an important and correct step.” The company...
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