Industry: Carbon fiber specialist SGL Carbon is becoming more optimistic

The carbon fiber specialist SGL Carbon is raising its forecast for the full year.

Industry: Carbon fiber specialist SGL Carbon is becoming more optimistic

The carbon fiber specialist SGL Carbon is raising its forecast for the full year. Among other things, the Wiesbaden-based company benefits from the demand for acrylic and carbon fibers, as SGL announced on Tuesday. In addition, the prices for the division's main raw material, acrylonitrile, have fallen.

For 2022, SGL now expects sales of EUR 1.2 billion instead of EUR 1.1 billion. The management sees the adjusted operating result (Ebitda) at 170 million to 190 million euros. The company had previously promised 130 million to 150 million euros. SGL had already raised its forecast in June. On September 19, the company's shares will be included in the SDax small-cap index.

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