Last €5.90 EUR
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cementos portlandvalderrivas (CPL) Snapshot

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02/17/14 - €9.37
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11/17/14 - €3.50
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cementos portlandvalderrivas (CPL) Details

Cementos Portland Valderrivas, S.A. manufactures and sells cement in Spain, the United Kingdom, the United States, and Tunisia. The company’s cement products include grey cement, white cement, and special cement, as well as hydraulic and high technology binders. It also provides aggregates, readymix concrete, mortar, and precast concrete. Cementos Portland Valderrivas, S.A. was founded in 1903 and is headquartered in Madrid, Spain.

Founded in 1903

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cementos portlandvalderrivas (CPL) Key Developments

Cementos Portland Valderrivas SA Announces Earnings Results for the Six Months Ended June 30, 2014

Cementos Portland Valderrivas SA announced earnings results for the six months ended June 30, 2014. For the period, the company reported turnover was €259.9 million slipped 3.8% compared to the same period in 2013, due to the effect of closing down non-profitable concrete, aggregate and mortar businesses in Spain. The gross operating result (EBITDA) has touched €49.5 million, implying an increase of 93.8%, a figure similar to that of last year (€50.4 million), mainly due to the implementation of efficiency measures in 2013 and higher sales of emission rights. If exclude these, the result would have increased by 60.2%. The net operating result (EBIT) stands at €15.6 million. The figure in the first half of 2013 was 33.7% higher due to the recognition of a capital gain of €104 million following the swap and sale of assets with CRH and the provisions made to cover staff restructuring costs. If excluded all the atypical entries, EBIT in 2014 would be 38.6% higher. Net debt at June 30, 2014, was €1.28 billion, a fall of €86.2 million with respect to December, 2013. This reduction was possible due to the capital increase, through capitalization of FCC's subordinated credit, carried out on May 23, 2014 and to the improvement of results.

Cementos Portland Valderrivas SA to Report First Half, 2014 Results on Jul 31, 2014

Cementos Portland Valderrivas SA announced that they will report first half, 2014 results on Jul 31, 2014

Cementos Portland Valderrivas SA, H1 2014 Earnings Call, Jul 31, 2014

Cementos Portland Valderrivas SA, H1 2014 Earnings Call, Jul 31, 2014


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