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Sales increased by 3% to €1.99 billion, while EBIT increased 26%.
January 25, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
SCHOTT AG continued to grow in fiscal year 2015/2016. The specialty glass company’s EBIT improved to €223 million, a 26% increase over its €178 million the previous year. Consolidated net profit for the year surged 47% over fiscal year 2014/2015 to €139 million. Sales increased by 3% to €1.99 billion from €1.93 billion in 2014/2015. Adjusted for currency effects and portfolio measures, they grew by 6%, with contributions from all three segments: Precision Materials, Optical Industries, and H...
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