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News Molins finances affected by global markets

Molins finances affected by global markets

Written by Global Cement staff 02 May 2025
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Spain: Molins has reported that a cement market slowdown, exacerbated by tariffs and adverse weather in Spain and Argentina, affected its financial performance during the first quarter of 2025. The company reported sales of €327m, a 3% year-on-year decline compared to the same period of 2024, although like-for-like sales rose by 6%.

Molins’ earnings before interest, tax, depreciation and amortisation (EBITDA) came to €87m, a 3% decline compared to the same period of 2024. Again the like-for-like result was a 9% improvement.

Molins reported that higher average sales prices and lower costs due to ongoing efficiency plans, mitigated the unfavourable impact of exchange rates, particularly the Mexican and Argentine Pesos.

Last modified on 07 May 2025
Published in Global Cement News
Tagged under
  • Molins
  • Spain
  • Results
  • market
  • Duty
  • weather
  • costs
  • efficiency
  • cost reduction
  • Europe
  • GCW708
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