Mexico“s Vitro S.A. de C.V., one of the world“s largest producers and distributors of glass products, announced 13 January 2006 its pre-earnings release for 2005. Consolidated sales rose 6.0% year-o…
Mexico“s Vitro S.A. de C.V., one of the world“s largest producers and distributors of glass products, announced 13 January 2006 its pre-earnings release for 2005. Consolidated sales rose 6.0% year-on-year from USD 2,272 million to USD 2,409 million. Excluding divestitures of Vitro Fibras in March 2004, Vitro American National Can in September 2004 and Plasticos Bosco in April 2005, consolidated sales rose by 9.2% during the same period. Consolidated EBITDA of USD 352 million remained flat year-on-year. On a comparable basis, consolidated EBITDA rose 2.6% due to what the company said was an “outstanding performance” from the glass containers business unit.