Ceramic Industry News

SGL Carbon Announces Fiscal Year 2002 Results

SGL Carbon Group recently announced results for its fiscal year 2002. Net debt was reduced by 100 million euros to 427 million euros, free cash flow was up by 135 million euros and sales revenue was 1112 million euros. The weakness of the global economy affected the group's sales revenue and earnings in fiscal year 2002. The economic developments led to a reluctance to invest among key customer industries, such as the chemical sector, mechanical and plant engineering, as well as the electronics and semiconductor industries. At 1.1 billion euros, SGL Carbon's consolidated sales revenue was down 10% from 1.2 billion euros last year. SGL Carbon exceeded its 2002 financial targets, which were published at the beginning of 2002 as part of its "five-point program to increase enterprise value." Net debt was reduced by 100 million euros to 427 million euros, significantly beating the original target of a reduction of at least 5% to below 500 million euros.

The complete annual report 2002 is available online at http://www.sglcarbon.com .

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.



Image Galleries

October 2014 Issue Highlights

Our October 2014 issue is now available!

Posted: January 29, 2015


Ceramics Expo podcast
Editor Susan Sutton discusses the upcoming Ceramics Expo with event director Adam Moore.
More Podcasts

Ceramic Industry Magazine

CI March 2015 cover

2015 March

We're focusing on thermal processes and decorating in this issue. Check it out!

Table Of Contents Subscribe

Daily News

We know where you find the latest ceramic industry news (ahem), but where do you catch up on the rest of your daily news?
View Results Poll Archive


M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px


CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!