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News Cimpor reports loss of Euro71.2m in 2015

Cimpor reports loss of Euro71.2m in 2015

Written by Global Cement staff 26 February 2016
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Portugal: Cimpor has reported a loss of Euro71.2m in 2015 down from a net profit of Euro27.2m in 2014. Sales fell by 4.3% to Euro2.49bn from Euro2.60bn. Cement and clinker sales volumes fell by 6% to 28.1Mt from 30Mt. Like its parent company InterCement, the cement producer attributed the loss to an economic downturn in Brazil and unfavourable exchange rates.

Last modified on 01 March 2016
Published in Global Cement News
Tagged under
  • Portugal
  • Cimpor
  • Results
  • Intercement
  • GCW240

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