Erdemir Group earnings up 12% in H1 2015

Turkish steelmaking group Erdemir has announced TRY1.305 billion ($468.3 million) in earnings before interest, taxes, depreciation and amortisation (Ebitda) for the first half of 2015.

This was 12% higher than the TRY1.160 billion ($416.2 million) reported for the corresponding period in 2014. Erdemir published its own dollar-equivalent values in its Turkish-language results statement. These were calculated...