US: Harsco’s sales revenue from its Metals & Minerals division rose by 5.7% year-on-year to US$1.07bn in 2018 from US$1.01bn in 2017. Its operating income increased by 18% to US$121m from US$102m. It said that its Metals & Minerals' revenues were positively impacted by higher customer steel output and related demand for mill services, new contracts, higher commodity prices, increased applied products sales and the acquisition of Altek Group. Overall, the group’s revenue and operating income rose in 2018.
“2018 marked another year of successful execution against our priorities and we again delivered meaningful financial improvements,” said chairman and chief executive officer (CEO) Nick Grasberger.
