Impol Seval, Aluminium Rolling Mill from Sevojno, Serbia, announced results for 2018 that are showing significant rise in profitability, despite to Investment cycle that is currently in progress.
Turnover is lowered this year due to declining price of Aluminium, by 17,1% to just above 100 million EUR, but profitability increased by 11,2% to just above 6 million EUR.
Company shares are trading on Belex, currently on 3000 rsd, with P/E 3,2 and P/B on 0,44.