Portuguese investment bank Millennium bcp investimento (MBCPI) projected in a research note, dated May 17, 2005, the local cement company Cimpor - Cimentos de Portugal to post a profit of Euro 48.1m for the first quarter of 2005, up by 6.4 per cent year-on-year. Cimpor’s profit totalled Euro 45.2m in the first quarter of 2004. 
 
MBCPI analysts saw also the company’s revenue up 7.2 per cent to a total Euro 321.4m. Earnings before interest, tax, depreciation, amortization, and net pension expense (EBITDAP) were seen at Euro 127.4m up by 7.9 per cent from Euro 115.6m.  Published under Cement News