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News Cementos Molins suffers from markets in Latin America in 2018

Cementos Molins suffers from markets in Latin America in 2018

Written by Global Cement staff 01 March 2019
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Spain: Cementos Molins’ turnover fell by 8.9% year-on-year to Euro588m in 2018 from Euro646m. It blamed the falling sales on currency depreciation in Argentina and a decrease in sales in Mexico. Its net income decreased by 4.2% to Euro85.3m from Euro89.1m. Its cement sales volumes rose by 7.5% to 6.05Mt from 5.6Mt but its concrete sales volumes reduced by 4.5% to 1.5Mm3 from 1.58Mm3. Spain remained the group’s biggest sales territory and these rose by 11.1% to Euro260m.

Last modified on 06 March 2019
Published in Global Cement News
Tagged under
  • Spain
  • Cementos Molins
  • Results
  • Argentina
  • Mexico
  • GCW394

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