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News Cementos Molins increases its sales and earnings in first half of 2022

Cementos Molins increases its sales and earnings in first half of 2022

Written by Global Cement staff 01 August 2022
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Spain: Cementos Molins increased its first-half 2022 consolidated sales by 35% year-on-year to Euro608m and its earnings before interest, taxation, depreciation and amortisation (EBITDA) by 4% to Euro132m. The group said that its implementation of operational efficiency plans successfully offset cost inflation. Its net profit was Euro57m, in line with that in the first half of 2021.

Chief executive officer Julio Rodríguez said "Despite the markets growth slowdown and the uncertain global context, at Cementos Molins we continue to move confidently towards achieving the objectives of our strategic plan 2020-2023.”

Last modified on 03 August 2022
Published in Global Cement News
Tagged under
  • Spain
  • Cementos Molins
  • Results
  • market
  • inflation
  • costs
  • GCW568

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