Semperit keeps gloves on as earnings rebound

摘要

AUSTRIA-Semperit's annual result for 2020 is expected to be significantly higher than that of the previous year,the Austrian rubber group said 3 July Earnings(EBIT)are expected to come in at €110-160 million for full year 2020,compared to a loss of €16.5 million in 2019.The forecast,however,depended on"the further development of the price level for medical protective gloves and the sufficient availability of raw materials for their production."According to Semperit,its medical protective gloves business has seen significant growth in demand and a strong rise in pricing since the outbreak of the Covid-19 crisis.