Filtraglass
Falorni Tech Glass Melting Technology
Banner

Vidrala: net profit up 7.27% in 1H 2006

Spanish container glass manufacturer Vidrala said 1 September 2006 that for the first half of the year its net profit increased 7.27% to EUR 13.8 million. Sales for the period rose 8.8% to EUR 158.76 …

Spanish container glass manufacturer Vidrala said 1 September 2006 that for the first half of the year its net profit increased 7.27% to EUR 13.8 million. Sales for the period rose 8.8% to EUR 158.76 million, production volume was 6% higher, while EBIT was down 4.55% compared to the 1H 2005 to EUR 21.3 million. The company was pleased at the progress achieved in the face of rising costs. Production and distribution costs were 10.57% higher, reflecting the rises in prices for energy, transport and raw materials. The workforce was almost unchanged at 1,365, compared to 1,354 in the 1H 2005.

Sign up for free to the glassOnline.com daily newsletter

Subscribe now to our daily newsletter for full coverage of everything you need to know about the world glass industry!

We don't send spam! Read our Privacy Policy for more information.

Share this article
Related news