Cementos Portland Valderrivas forecasts profit upturn in 2013

Cementos Portland Valderrivas of Spain expects to swing to profit in 2013 thanks to the Plan NewVal launched this year, new chairman and CEO, Juan Bejar, said on Friday.

EBITDA are seen to reach EUR 200m next year. Plan NewVal 2012-2013 is focused on costs reduction and new sources of revenue.

Abstracted from an original article in Cinco Dias.