profit Ceibo Amorim shot nearly 65% between January and March, beating all expectations. statement posted on the CMVM’s website, the company detailed that net income for the first quarter of this year was 13.9 million euros, while Caixa BI predicted a profit . 10.4 million the rise, handsome, also contrasts a percentage: the forecast pointed to an increase of 24%, when it was actually far higher, 64.7%. This result is rooted primarily in the increase of 6% of the company’s sales, which reached the 156.7 million euros. All business units – raw materials, stoppers, coatings, composites and insulation clusters – grew at this level. EBITDA – earnings before interest, taxes, depreciation and amortization – grew 16% to 27.6 million “This evolution is explained by all the Business Units. the Ceibo Amorim, especially by a volume effect, “notes the same statement. ” for this positive performance, it is to highlight the role UN Stoppers, which continues to show a great dynamic sales (+ 7.8%), as well as the resumption of sales growth in BU Coatings, in contrast to the previous quarters. “
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