Portugal Semapa 2007 Profit Seen at EUR141m

Portugal Semapa 2007 Profit Seen at EUR141m
Published: 25 February 2008

Portuguese construction and cement group Semapa is seen to post a net profit of EUR141 mln euro (US$209.1m) for 2007, compared to EUR91.4m (US$135.6m) for 2006, projections of Spanish bank Santander showed on February 22, 2008.  
 
Semapa’s EBITDA are expected to rise by 13 per cent to EUR422m (US$625.8m). The revenue is estimated to total EUR1.41bn (US$2.091bn), up seven per cent.  
 
Semapa will announce its 2007 earnings results on February 25, after the close of Euronext Lisbon stock exchange.