Banner
Filtraglass
Banner
Banner

Vidrala nine month net profit up 29%

Spanish glass container maker Vidrala SA posted a EUR 20.6 million (USD 24.9 million) net profit for the first nine months of 2005, up 29.4% year-on-year, the company told the Spanish stock market reg…

Spanish glass container maker Vidrala SA posted a EUR 20.6 million (USD 24.9 million) net profit for the first nine months of 2005, up 29.4% year-on-year, the company told the Spanish stock market regulator CNMV on 25 October 2005. Vidrala increased its turnover by 56.4% to EUR 227.2 million (USD 275.5 million). Production rose by 55.3%, boosted by the output of new plants in the Barcelona province, north-east Spain, and Corsico, northern Italy, that Vidrala bought from US container glass leader Owens Illinois for an undisclosed sum at the beginning of 2005. (Unless otherwise stated, all figures/comparisons are for January-September 2005/ January-September 2004)

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