Schouw & Co reports record revenue and earnings for Q2; Fibertex units negatively impacted by supply chain, raw material costs
AARHUS, Denmark, August 16, 2022-
Growth continues at the industrial conglomerate Schouw & Co., which in the second quarter achieved a record turnover of DKK 7.5 billion. The six companies in Schouw & Co.'s portfolio continue to experience high demand, and together with increasing sales prices, this has contributed to revenue growth of 34% compared to Q2 last year. Earnings (EBITDA) increased by 2% to DKK 564 million.
Schouw & Co. has today published a strong quarterly report. Revenue in a quarter exceeds DKK 7 billion for the first time and is driven by continued high demand for the products produced by the conglomerate's six industrial groups, as well as a good ability to overcome price increases in raw materials and components:
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