Vitro Reports a Strong First Quarter

Date: 4 May 2007

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

VacuMax™ Vacuum Insulating Glass by Vitro Architectural Glass Awarded Prestigious Recognition by Environment+Energy Leader
Vitro Architectural Glass achieves Top 20% LEC rating with updated EPDs.
For 40 years, One PPG Place – a shimmering neo-gothic 635-foot tower with iconic spires designed by world-renowned architect Philip Johnson – has defined and shaped Pittsburgh's skyline, becoming an integral part of the city's identity.
Vitro Architectural Glass, a Vitro business unit, roots originated in Pittsburgh in 1883
The ultimate in thermal glazing, VacuMax™ VIG, features improved performance, aesthetics
Vitro Architectural Glass has added to its digital tool collection a new tool to help architects identify the best glass products to achieve their aesthetic and performance goals for their next project.

Add new comment

From industry

NEWS RELATED PRODUCTS

Vitro Architectural Glass
Vitro Architectural Glass
Vitro Architectural Glass
Vitro Architectural Glass
Vitro Architectural Glass