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Vidrala reports great 9month figures for 2015

Post Time:Oct 30,2015Classify:Industry NewsView:223

Sales reported for the first nine months amounted to EUR 602.8 million.

Operating profit, EBITDA, reached EUR 121.5 million.

Net profit increased by 15.3% over the same period of the previous year to EUR 46.3 million.

Net debt at September 30, 2015 stood at EUR 440.2m, after being reduced by 7.1% during the third quarter.

 

Net sales registered by Vidrala during the first nine months of 2015 amounted to EUR 602.8 million, representing an increase of 66.2% over the previous year.

On a comparable structure basis, including Encirc figures within the previous year, sales grew 4.3% as a result of increased sales volumes and a favorable currency translation.

Source: VidralaAuthor: shangyi

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