Cementos Portland profit totals EUR 2.4m in 1H10

Cementos Portland profit totals EUR 2.4m in 1H10
30 July 2010


The profit of Spanish cement producer Cementos Portland Valderrivas dropped by 88.3% YoY to EUR2.4m in the first half of 2010.

The earnings before interest, tax, depreciation and amortisation (EBITDA) came in at EUR109.6m, down 27.1%.

The turnover also fell by 19% to EUR435m.

The company saw a recovery in the cement consumption in the second three months of 2010.
Published under Cement News