Semapa H1 net surges 116 per cent year-on-year

Semapa H1 net surges 116 per cent year-on-year
Published: 01 October 2007

Semapa SGPS Portugal said net profit surged 116 per cent to Euro 71.5m in
the first half to June 30. Results were boosted by a Euro 25.6m capital gain
on the sale of 19.2m shares in EDP Energias de Portugal SA, which was
already booked in the first quarter. Revenue increased 8 per cent year on
year to Eur 702.7m Recurring EBITDA, excluding the one-time gain, increased
20 per cent to Eur 203m
.