Cementos Molins posts EUR 83.1m profit, Spain

Cementos Molins posts EUR 83.1m profit, Spain
Published: 03 March 2005

Spanish cement maker Cementos Molins posted a net attributable profit of EUR83.1m  for 2004, a 7.6 per cent YoY decrease, the company said. The decrease was attributed to the lack of one-time gains, compared to a EUR10m extraordinary revenue in 2003, as well as to the depreciation of Latin American currencies.  Cement sales of the company increased by 14 per cent to 5.4Mt, concrete sales stood at 3.7Mt, an eight per cent increase, and sales of aggregates remained unchanged YoY at 8Mt.