Elkem reports lower second quarter sales
Elkem’s total operating income for the second quarter 2023 was NOK 9,258 million, which was down from the corresponding quarter in 2022, mainly explained by lower sales prices and lower sales volumes. Earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to NOK 1,039 million in the quarter, compared an all-time high EBITDA of NOK 3,924 million in second quarter last year. Earnings per share (EPS) was NOK 0.06 in the quarter and NOK 1.56 year-to-date.
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