27. March 2019 | News, Views & Markets
SGL Carbon: group sales revenue up to 22 percent
Sales revenues in the business unit Composites – Fibers & Materials (CFM) significantly increased by 27.3 percent (currency adjusted: 28.0 percent) to 422.5 (2017: 331.9) million euros in the year 2018. Operationally, the increase in revenues was mostly driven by the Automotive and Aerospace market segments. In the Industrial Applications and Textile Fibers market segments, revenues were roughly on the prior year level, while revenues with the wind industry were substantially lower than in the previous year.
In fiscal year 2019, the company expects Group sales to increase by a mid-single-digit percentage range.