Spain’s Nefinsa posts losses of €89mn in 2012

In 2012, the Spanish corporate holding Nefinsa, which owns construction materials company Uralita and airline Air Nostrum, posted losses of €89 million, which were added to the €57 million losses that the company had posted a year before. Subsidiary Uralita, with losses of €43 million in 2012, was responsible for most of the holding's debt but losses of Air Nostrum were also high at €41 million.
October 21, 2013 Read time: 1 min

In 2012, the Spanish corporate holding Nefinsa, which owns construction materials company 4862 Uralita and airline Air Nostrum, posted losses of €89 million, which were added to the €57 million losses that the company had posted a year before. Subsidiary Uralita, with losses of €43 million in 2012, was responsible for most of the holding's debt but losses of Air Nostrum were also high at €41 million.

For more information on companies in this article

Related Content

May 20, 2015

Uralita losses up 18.1% in Q1 2015

Spanish building materials firm Uralita’s losses rose by 18.1% to €18.9 million in Q1 2015, compared to the same period of 2014, due to its financing costs rising to €14.6 million. At the same time, the company’s ebitda decreased by 1.9% to €9.1 million and sales totalled €130.3 million after rising by 1.8%. Sales abroad accounted for 76% of all sales, while sales in Spain decreased by 13%. Sales of Uralita’s Interiors division rose by 2% to €117.2 million, and revenues of its pipes division rose by 1% to €

April 13, 2012

Uralita can delay debt repayment

Spanish construction materials company, Uralita, has been given the go-ahead from the boards of all its creditor banks to postpone the payment of its financial debt of almost €275 million to March 2014.
The company managed to reach an agreement with all its financial creditors in March 2012, but it has now been approved by all the boards.
This gives Uralita financial stability which will allow it to strengthen its current business and develop its future business plan.
This agreement also shows the credit

March 7, 2013

Ciments Français posts €151mn net loss for 2012

For 2012, Ciments Français anticipates EBITDA in line with that of 2012, with the negative volume effect on EBITDA, especially in the first half of the year, partly offset by the positive trend in sales prices. The Italcementi Group subsidiary posted recurring EBITDA down from €706.20 million in 2011 to €653.20 million in 2012. After €270.90 million in impairment losses, the net consolidated profit was a negative €85.10 million. As a result, the net profit attributable to owners of the parent was a negative

boombox1

Highlighted Content

boombox2