Vitro Delivers Strong Results in 1Q'06

Vitro S.A. de C.V. one of the world's largest producers and distributors of glass products, today announced 1Q'06 unaudited results.

Year over year consolidated sales rose 13.4 percent and EBITDA increased 9.9 percent. Consolidated EBITDA margins of 13.0 percent for the quarter reflect a slight decline of 0.4 percentage points. Excluding divestitures of Plasticos Bosco (Bosco) in April 2005 and Quimica M in March 2006, consolidated sales rose 16.6 percent and consolidated EBITDA increased 13.0 percent during the same period.
Alvaro Rodriguez, Chief Financial Officer, commented: "We are very pleased with the strong first quarter performance. The positive results in both business units, despite the continuing impact of energy costs, are further signs of the positive trend that Vitro is achieving."

Read the entire news article on the source link below.

600450 Vitro Delivers Strong Results in 1Q'06 glassonweb.com

See more news about:

Others also read

SOLARBAN 60 STARPHIRE glass supports unique forested atmosphere inside new glass-domed headquarters.
Current president Richard Beuke set to retire on March 31, 2019.
Vitro announces that after a distinguished career in the industry, Richard Beuke has taken the decision to retire effective March 31st , 2019.
ClearVue to integrate Zurreal’s imaging with its clear solar PV glass for architectural glass applications and long-term outdoor and indoor advertising applications.
Vitro Glass-commissioned survey first to gauge general contractors’ demands, expectations of glazing contractors, glass fabricators and glass manufacturers.
Glass with bird-friendly pattern, solar control capabilities help land top building award.

From industry

Is Kuleleri, Kule: 2, Kat: 22, 4. Levent
34330 Levent-Istanbul/İstanbul
Turkey

NEWS RELATED PRODUCTS

Vitro Architectural Glass (Formerly PPG Glass)
Vitro Architectural Glass (Formerly PPG Glass)

Add new comment