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Vitro reports 1Q'09 declines of 34.5 percent and 34.3 percent in sales and EBITDA

Post Time:May 01,2009Classify:Industry NewsView:102

Vitro S.A.B. de C.V., Mexico,one of the world's largest producers and distributors of glass products, today announced 1Q'09 unaudited results. Year over year consolidated net sales declined 34.5 percent affected by a 34.0 percent peso depreciation during last 12 months 1Q'09, lower volumes and the deconsolidation of Comegua--the company's glass container subsidiary in Central America.

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Source: http://www.glassmagazine.com/news-item/commercial/vitro-reports-1q09-declines-345-percent-and-343-percent-sales-and-ebitdaAuthor:

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