SGL CARBON- Deleveraging achieved, supportive outlook for FY18
FY17 was a pivotal year for SGL as it sold in two transactions its Performance Product business, resulting in a sharp deleveraging and a focus on its two remaining businesses: Graphite Materials & Systems (GMS, 59% of FY17 sales) and Composites Fibers & Materials (CFM, 39% of sales).
SGL Group is a holding company. Through its subsidiaries, Co. is a global manufacturer of carbon and graphite products. Co. has the following reportable Business Areas: Performance Products (PP), Area Graphite Materials & Systems (GMS), and Carbon Fibers & Composites (CFC). The product portfolio of PP includes carbon and graphite electrodes, cathodes and furnace linings. GMS supplies products to various different industries, including coarse and fine-grain graphite and expanded natural graphite that used primarily in the chemical, automotive, semiconductor, LED, lithium ion battery and solar industries. CFC offerings range from raw materials to carbon fibers through finished components.
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