Spanish cement producing company Cementos Portland Valderrivas, part of
local construction and services group FCC, will pay a gross interim dividend
of 1.11 euro ($1.57) per share as of November 15, 2007 on the 2007 earnings,
the company said on October 3, 2007. The dividend is 2.8 pct higher than the
one paid in November 2006. This figure translates into a total 30.89 mln
euro ($43.75 mln) to be distributed among 27.83 million shares.
Cementos Portland Valderrivas posted a 43 mln euro ($60.9 mln) net profit in
January to March 2007, up 7.6 pct year-on-year. The sales on the domestic
market surged by 69.6 pct year-on-year, while the sales on the international
markets rose by 69.7 pct year-on-year, boosted mainly by the acquisition of
Spanish sector company Uniland.