€0.36 0.0 0.0%
Last Trade - 26/09/17
Market Cap | £n/a |
Enterprise Value | £n/a |
Revenue | £1.64bn |
Position in Universe | th / 730 |
March 15 (Reuters) - Cimpor Cimentos de Portugal SGPS SA CPR.LS : * Reported on Tuesday FY sales 1.84 billion euros ($1.95 billion) versus 2.49 billion euros year ago * FY EBITDA 352.6 million euros versus 525.7 million euros year ago * FY net loss 787.6 million euros versus loss 71.2 million euros year ago * FY net result was strongly influenced by impairments in goodwill * Net debt 3.38 billion euros at end-Dec. 2016, 10 percent above the closing amount for 2015, penalised by the business contraction and effect of exchange fluctuations * For 2017, Cimpor forecasts a slight increase in the generation of EBITDA, due to the progress in the operations in Argentina and the recovery of Portugal, trading activity and South Africa * The board will propose to the shareholders transfer of the negative net result for 2016 to retained earnings Source text: http://bit.ly/2n8MOfW Further company coverage: CPR.LS ($1 = 0.9414 euros) (Gdynia Newsroom) ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))