Cementos Portland posts EUR83m loss for Jan-Sep 2012

Cementos Portland posts EUR83m loss for Jan-Sep 2012
Published: 09 November 2012


Cementos Portland of Spain has posted a loss of EUR83m for the first nine months of 2012, almost 10-times the loss posted in the same period of last year, local press have reported.

The steep decline is attributed to weaker demand from its domestic market of Spain which could not be offset by activity in USA and Tunisia where the company also operates..