Cementos Portland first-half loss at EUR5.1m

Cementos Portland first-half loss at EUR5.1m
Published: 28 July 2011

Spanish cement producer Cementos Portland Valderrivas closed the first six months of 2011 with a loss of EUR5.1m.

Revenue amounted to EUR 401m, while the earnings before interest, tax, depreciation and amortisation (EBITDA) stood at EUR 105.4m.

Between January and June, Cementos Portland succeeded in slashing its debt by EUR 24m.

Abstracted from an original article in Cinco Dias