Monarch Cement’s EBITDA Hits Nine Year High

Monarch Cement’s EBITDA Hits Nine Year High
Published: 22 November 2006

Monarch Cement Company for its 12 months ended September 30, 2006 was $30,302,931, a 60% increase over the year earlier same 12 months when Monarch Cement generated $18,968,939 in EBITDA. EBITDA for the most recent twelve months also reached a nine year high.For Monarch Cement’s quarter ended September 30, 2006 EBITDA was $10,100,183, compared with $10,159,231, a 0.6% decrease over the comparable year earlier quarter. 
 
 Monarch Cement has generated seven consecutive quarters of positive EBITDA.The shares of Monarch Cement were recently trading at $28.00 which is within 9% of their ten year high of $30.50 on May 3, 2006.