Portuguese cement producer CMP - Cimentos de Maceira e Pataias SA, a Secil subsidiary, registered a net profit of Euro 9.5m for 2005, the company said in a note sent to Portugal’s national bourse regulator CMVM on April 12, 2006. CMP’s sales for the said period fell by 2.0 per cent year-on-year to Euro 99.6m. EBITDA grew by 2.0 per cent, reaching Euro 23.7m The company’s cash-flow also went up to Euro 27.1m.
CMP’s board of directors will propose for approval by the general shareholders’ meeting a dividend payment of a total Euro 8.98m on the 2005 earnings results. The company ended 2005 with a total 328 employees, down compared to 343 a year ago.