Vitro Reports Record Results

Date: 27 February 2007
Source: Moneycentral.msn.com
Vitro one of the world's largest producers and distributors of glass products, announced 4Q'06 unaudited results. Year over year consolidated sales increased 7.7 percent and EBITDA rose 3.6 percent.

The consolidated EBITDA margin was down 60 basis points to 15.5 percent for the quarter. Excluding the divestiture of Quimica M in March 2006 and the acquisition of Vidrios Panamenos (VIPASA) in April 2006, consolidated sales rose 7.5 percent and consolidated EBITDA increased 4.3 percent year over year.



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