The net result of Ceibo Amorim increased from 26.2 million euros in the first half of 2015 to EUR 35.1 million in the same period this year. An increase of 34% explained by a “favorable environment in key markets” where the company is present – the best performances were registered in the European Union and the United States
On a quarterly basis, profits were up 19.4% to. EUR 21.2 million.
Amorim Ceibo’s sales increased by 8% to 334 million euros. “This result was important the contribution of the second [period when sales rose 9.5% to 177 million euros] (…). This positive development was supported by the sales volume effect occurred in all business units “said the company in a statement sent this Wednesday, August 3, before the opening of the Lisbon stock exchange, the Securities and exchange Commission.
the main business unit of the company (stoppers) saw its sales increase 9.3% to 220.6 million euros, one driven evolution “by volume and also by the positive mix effect has increased the sale of natural cork stoppers.”
sales in unit business raw materials increased 9.6% to 79.8 million euros, while EBITDA fell slightly to 10.6 million euros due to “increased the cork 2014 campaign price and 2015 offset by the increased activity and improved operating efficiency. “
in the coating unit sales increased 6.3% to 61.1 million euros in composite pellets increased by 6.2% to 52.1 millions of euros. isolation unit sales posted the largest increase (29%) to 6.4 million euros.
The company’s shares have appreciated by 3.07% to a new record high at 7.69 euros but follow now (9:00) falling 1.47% to 7.351 euros.
(updated news at 9:01 with the performance of the shares on the stock Lisbon)
No comments:
Post a Comment