Greece’s Titan Cement revenues rise yet higher losses in Q1 2013

In the first quarter of 2013, Titan Cement of Greece posted a 19% rise in its revenues, to €51 million in comparison with the corresponding period in 2012. Titan also posted an EBITDA loss of €2 million from €12 million profits as well as a net loss of €17 million from €0.2 million profits. At group level, its revenues rose by 8%, to €243 million while its EBITDA dropped by 29%, to €24 million compared with the same period last year.
May 16, 2013 Read time: 1 min

In the first quarter of 2013, 719 Titan Cement of Greece posted a 19% rise in its revenues, to €51 million in comparison with the corresponding period in 2012.

Titan also posted an EBITDA loss of €2 million from €12 million profits as well as a net loss of €17 million from €0.2 million profits.

At group level, its revenues rose by 8%, to €243 million while its EBITDA dropped by 29%, to €24 million compared with the same period last year.

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Greece’s Titan Cement revenues increased in H1 2015

In the first half of 2015, Titan Cement of Greece registered a 19.9% rise in its revenues, to €672.8 million and a net profit of €24.2 million in comparison with €2.9 million in the corresponding period in 2014.

In the period April-June 2015, the company posted a 25.8% rise in its revenues, to €389 million; a 40.2% increase in its EBITDA to €82.1 million, and a net profit of €17.6 million from €13.9 million.

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