Brief: Titan Cement Q1 Net Profit Down At EUR 1.3 Million

Titan SA

12/05/2022 07:43

May 12 (Reuters) - Titan Cement International SA  TITC.BR :
    * Q1 REVENUE EUR 454.6 MILLION VERSUS EUR 370.7 MILLION YEAR
AGO
    * Q1 EBITDA EUR 46.4 MILLION VERSUS EUR 56.1 MILLION YEAR
AGO
    * Q1 NET PROFIT AFTER MINORITIES AT EUR 1.3 MILLION VERSUS
EUR
15.3 MILLION YEAR AGO
    * TITAN CEMENT SAYS NET PROFIT DROPPED DUE TO LOWER EBITDA
LEVELS
AND NEGATIVE FX VARIANCES MAINLY DUE TO THE DEVALUATION OF THE
EGYPTIAN POUND


Further company coverage:  TITC.BR 

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