Cimpor Cimentos De Portugal SGPS SA logo

CPR - Cimpor Cimentos De Portugal SGPS SA News Story

€0.36 0.0  0.0%

Last Trade - 26/09/17

Basic Materials
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £1.64bn
Position in Universe th / 730

BRIEF-Cimpor FY net loss widens to 787.6 mln euros

Wed 15th March, 2017 6:35am
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 
    * 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: 
 Further company coverage:  CPR.LS   
($1 = 0.9414 euros) 
 (Gdynia Newsroom) 
 ((; +48 58 772 0920;))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.