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Oxea's net profit up 31% during the first quarter

7:10 AM MDT | May 14, 2013 | Francinia Protti-Alvarez

Oxea's (Oberhausen, Germany) first-quarter results includ a net profit up more than 31%, to €21 million ($27 million) compared with €16 million in the same quarter last year, the company announced today. Ebitda was also up about 20% from €44 million during the first quarter of 2012, to €53 million this year, Oxea's third-best quarterly Ebitda result since its inception in 2007, the company says. Sales revenue, meanwhile, remained fairly stable, at €373 million, during the first quarter of 2013 compared with €372 during the same...

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