IMS publishes a group net profit of 10.6 million euros for the first quarter of 2011, against a loss of 6.2 million euros a year earlier.
The distributor of specialty steels show an operating profit of 19.1 million euros, or 5.5% of sales, against a loss of 5.8 million euros in 2010.
It recorded a turnover of 347.3 million euros, an increase of 42.5%, with 14.1% and 28.7% volume effect of price impact.
The group said they had benefited from favorable market conditions in the first quarter and particularly the market for engineering steels.
The distributor of specialty steels show an operating profit of 19.1 million euros, or 5.5% of sales, against a loss of 5.8 million euros in 2010.
It recorded a turnover of 347.3 million euros, an increase of 42.5%, with 14.1% and 28.7% volume effect of price impact.
The group said they had benefited from favorable market conditions in the first quarter and particularly the market for engineering steels.
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