Lisbon Brokers also forecasts a slight increase in Cimpor’s earnings before interest, tax, depreciation and amortisation (EBITDA) to EUR139.5m (US$189m) in the first three months of 2007.
The company will register a significant improvement in terms of earnings results in the second half of 2007, after the integration of the recently acquired assets in Turkey and China, according to Lisbon Brokers analyst, Filipa Ferreira.