Cimpor - August 2015

Cimpor's 1H15 turnover increased a 4.8 per cent to EUR1302.8m, while EBITDA declined by 3.3 per cent to EUR279.2m. The amortisation and provision increased by 10.1 per cent to EUR100.6m. The trading profit declined by 9.5 to EUR178.6m and after a 5.5 per cent fall in the net financial charge to EUR166.8m, led to a pretax profit of a 43.4 per cent to EUR11.8m. Following a 32.2 per cent increase in tax and a 5.8 per cent decline in the interim loss, the net interim loss of amounted to EUR7m. The net debt at the end of June was 3.7 per cent higher than a year earlier at EUR3693m. The closing exchange rate of the real to the euro led to a 11.2 per cent reduction in shareholders’ equity. Capital expenditure in the period was reduced by 38.2 per cent to EUR76m.

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