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July 28, 2023 at 6:45 am #5242Nick HargraveKeymaster
https://images.befesa.com/media/2023/07/H1_2023_Press_release_EN-64c1faeabcc39.pdf
While revenue growth was driven by the US zinc refining contributions, the company has announced a solid first half in difficult market conditions (lower zinc LME prices and unfavourable treatment charges). Despite the market challenges, the company has confirmed guidance for the full year with a more positive outlook for H2 as external pressures ease. US operations are continuing to improve their performance since acquisition and the China ramp up is well underway with the Henan plant now completed. The company continues to deliver.
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