Cementos Molins profit down 26.5%, Spain

Cementos Molins profit down 26.5%, Spain
Published: 01 November 2010

Spanish cement company Cementos Molins booked a profit of EUR 37.5m for January to September 2010, losing 26.5% YoY, the firm said yesterday.

The revenue, however, surged by 18.1% YoY to EUR 595m. EBITDA were EUR 131.5m adding 5.5%. Earnings before interest and tax (EBIT), in turn, inched down by 0.2% to EUR 93.8m.

Net debt rose to EUR 324.8m at end-September from EUR193.6m a year ago.