Cementos Molins increases sales and earnings in first quarter of 2023

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Spain: Cementos Molins' consolidated sales were Euro342m during the first quarter of 2023. This corresponds to a rise of 25% year-on-year from first-quarter 2022 levels. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 47% to Euro86m, while its profit rose by 70% to Euro37m.

At the end of the period, Cementos Molins had financing lines amounting to Euro642m, 61% with maturity after 2026. It reduced its net debt by 43% year-on-year and by 26% quarter-on-quarter.

Last modified on 10 May 2023

URL: https://globalcement.com/news/item/15702-cementos-molins-increases-sales-and-earnings-in-first-quarter-of-2023

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