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News Molins first half results buffeted by currency volatility

Molins first half results buffeted by currency volatility

Written by Global Cement staff 31 July 2025
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Spain: Molins sales revenue fell by 5% year-on-year top €659m in the first half of 2025 due to negative currency exchange effects in Mexico and Argentina. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) dropped by 8% to €175m. However, both sales and earnings rose if adjusted for currency effects due to price rises and good performance otherwise in Europe and South America.

Marcos Cela, the CEO of Molins, said, "The results for the first half of 2025 reflect the strength of our business model, capable of responding firmly in a complex global environment, which has continued to be marked by economic uncertainty and currency volatility.” In June 2025 the group said it had spent €100m on expansion in the precast concrete sector by buying Portugal-based precast concrete producer Concremat and by starting to build a new plant in Spain.

Last modified on 06 August 2025
Published in Global Cement News
Tagged under
  • Spain
  • Molins
  • Results
  • Europe
  • Mexico
  • Argentina
  • precast
  • Acquisition
  • GCW721
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