Cimpor 2006 profit seen at EUR276m

Cimpor 2006 profit seen at EUR276m
14 March 2007

Cimpor’s net profit is seen at EUR276m, up 3.8 per cent, according to the average projections of a poll of five analysts, reported by local business daily Diario Economico.

The analysts see the profit varying between EUR267.1m and EUR282m, versus the EUR266m profit reported by the company for 2005.

Revenues, in turn, are seen varying between EUR1.617bn and EUR1.672bn, with EUR1.636bn on average. In 2005 the company posted a revenue of EUR1.535bn.

The average projections for EBITDA are seen at EUR550m, versus the EUR496m posted in 2005. The most pessimistic forecast stands at EUR535.1m, and the most optimistic at EUR563m.

Cimpor will post its 2006 financial figures on March 14, 2007, after the close of the market.
Published under Cement News