Cimpor - May 2017


Cimpor’s 1Q17 turnover eased by 0.3 per cent to EUR452.9m, while EBITDA recovered by five per cent to EUR84.1m. The trading profit (EBIT) improved by 3.1 per cent to EUR36.7m. The net financial charge came down by 18.1 per cent to EUR62.1m to give a pretax loss of EUR25.4m, compared with EUR40.3m a year earlier. At the net attributable level there was a loss of EUR34.4m, compared with a loss of EUR40.7m a year earlier. The net debt was 10.7 per cent higher at EUR3509m and the gearing level remained in the stratosphere, given that the equity was a negative EUR3509m.

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