is Portugal's top
producer and seller of cement. Net sales break down by family of
cement (72.5%): 18.6
Mt sold in 2004;
ready-to-use and prepared
concrete (24.7%): 6.7 million m3 sold;
other (2.8%): aggregates
(12.9 Mt sold), and mortar (0.5 Mt sold).
break down as follows: Portugal (38%), Spain (25.2%), Brazil (14.6%),
Africa (6.4%), Egypt (4.4%), Morocco (4%), Tunisia (3.9%), and other
H1 2011 Results - Robust ride despite turbulent times!
EBITDA of €316M, up 6% yoy.
advantage: Emerging markets, despite Egypt, offset Iberia contraction
deliver 75% of EBITDA.
renewed record high quarter.
kept at top of industry peers 27.5%: higher cement prices offset
on improved market conditions;-Turkeycapturing strong demand increase.
ride despite turbulent times!Net Profit up 34% yoy.
financial costs with no imparity losses (-39%);
taxes due to no Portuguese Surtax one-off impact (-18%).