Vitro Reports a Strong First Quarter

Vitro S.A.B. de C.V. one of the world's largest producers and distributors of glass products, announced 1Q'07 unaudited results.Year over year consolidated sales increased 6.0 percent and EBITDA rose 30.0 percent.

The consolidated EBITDA margin increased 290 basis points to 15.9 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 5.3 percent and consolidated EBITDA increased 29.0 percent year over year.

FINANCIAL HIGHLIGHTS* 1Q'07 1Q'06 % Change Consolidated Net Sales 603 568 6.0% Flat Glass 282 295 -4.5% Glass Containers 312 266

Read the entire news on the source link below.

600450 Vitro Reports a Strong First Quarter glassonweb.com

See more news about:

Others also read

Energy-saving, bird-friendly glass optimizes daylight, adds depth to Centre for Entrepreneurship.
Specifiers can order 4-by-6 and 12-by-12-inch samples at samples.vitroglazings.com
Şişecem Group, recycled 1 million tons of glass wastes with the “Glass is Glass Again” project, one of the most extensive sustainability and social responsibility projects of Turkey which was started to be implemented in 2011.
While we have always crafted spacers for our insulated units beautifully by hand, we are now capable of making more sophisticated shapes and patterns with the addition of a CNC spacer bender.
Cristalerias Toro SpA is a Chilean family business with more than 60 years of experience in the manufacture and marketing of glass containers.
SOLARBAN 60 STARPHIRE glass supports unique forested atmosphere inside new glass-domed headquarters.

From industry

NEWS RELATED PRODUCTS

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

Add new comment