AMORIM
 
Annual Report
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CORTICEIRA AMORIM posted a € 5.1 million profit in 2009
CORTICEIRA AMORIM posted a € 5.1 million profit in 2009
11-05-2010
HIGHLIGHTS:
 
• Sales: EUR 415 million;
• EBITDA for Q4 increased by 105% in comparison to the same period in 2008;
• Net debt decreased by € 84 million compared to the end of 2008;
• Equity to total assets ratio improved again, reaching now 47.6%.
CORTICEIRA AMORIM - Annual results hit by Q4 slowdown
CORTICEIRA AMORIM - Annual results hit by Q4 slowdown
2009-05-04

Highlights:

  • Sales increases to 468.3 M€;
  • EBITDA decreases 16.8% to 48.4 M€;
  • Net Profit decreases to 6.153 M€ affected by main export currencies devaluation;
  • Net debt decreases 4%;
  • Equity/Assets ratio improves to 42.9%.
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