Brazil contributes 44% of Cimpor’s EBITDA

Brazil contributes 44% of Cimpor’s EBITDA
Published: 09 May 2012

Tagged Under: Portugal Cimpor 

Cimpor’s first quarter turnover declined by 4.9% to €521.2m and the EBITDA came off by 10.2% to €128m. A further 7.5% reduction in depreciation and provision charges to €49.7m brought about an 11.8% reduction in the trading profit to €78.3m. After net financial costs 8.4% higher at €10.7m, to give a pre-tax profit 14.3% lower at €67.6m and the net attributable profit, after a higher tax charge but a minorities credit of €1.5m, was 15.4% lower at €49m.













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