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CRISTALERIA ESPANOLA NINE-MONTH PROFITS DOWN

Spain“s Cristaleria Espanola, which is controlled by France“s Saint-Gobain, obtained net profits of Ptas 8.825 billion in the first nine months of 1996, down 8.8% on the figure of Ptas 9.682 billion…

Spain“s Cristaleria Espanola, which is controlled by France“s Saint-Gobain, obtained net profits of Ptas 8.825 billion in the first nine months of 1996, down 8.8% on the figure of Ptas 9.682 billion reported for the same period in 1995. Sales were up 1% to Ptas 110.032 billion. The Cristaleria Espanola parent company recorded turnover of Ptas 39,656 billion in the first nine months of 1996, down 1% on the figure of Ptas 40.095 billion for the same period in 1995. The company“s net profits were down 3.5% to Ptas 5.549 billion.

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