Titan - November 2018

Titan's turnover declined by 1.8 per cent to EUR1101.9m in the first nine months of 2018 and EBITDA were down by 8.2 per cent to EUR196.9m, while in the third quarter EBITDA were ahead by 3.2 per cent to EUR74.7m. The pretax profit advanced by 11.5 per cent to EUR65.9m and the net attributable profit recovered strongly, rising by 51.8 per cent to EUR50.2m.  Net debt at the end of September was 3.4 per cent higher than a year earlier at EUR784m. The nine months’ capital expenditure was reduced by 14.4 per cent to EUR77m. 

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