Titan turnover grows on US and southeastern Europe markets

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Greece: Titan Group’s turnover has benefited from the US market and growth in southeastern Europe. Its turnover grew by 12.5% year-on-year to Euro363m in the first quarter of 2019 from Euro323m in the same period in 2018. Its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 1.9% to Euro44.3m from Euro43.5m. It blamed its limited earnings growth on ‘challenging’ conditions in Turkey and Egypt.

Last modified on 29 May 2019

URL: https://globalcement.com/news/item/9310-titan-turnover-grows-on-us-and-southeastern-europe-markets

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