Portuguese Cimpor sees 2007 turnover Up 16 per cent

Portuguese Cimpor sees 2007 turnover Up 16 per cent
Published: 05 October 2007

Cimpor expects to close 2007 with a 16 pct year-on-year rise in its turnover to 1.9 bln euro ($2.684 bln), the company said in a statement to the national bourse regulator CMVM on October 3, 2007.

Cimpor ended 2006 with a turnover of 1.638 bln euro ($2.314 bln).

The projected turnover increase in 2007 will reflect mainly the expansion of the company’s operations and the rise in sales on the markets in Brazil and in the northern and southern Africa.