Cementos Molins, S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
November 08, 2018 at 07:13 am EST
Share
Cementos Molins, S.A. announced earnings results for the third quarter and nine months ended September 30, 2018. For the third quarter, the company announced sales was EUR 118.1 million compared to EUR 160.6 million a year ago. Operating income was EUR 12 million compared to EUR 20.9 million a year ago. Net income was EUR 21 million compared to EUR 25.7 million a year ago.
For the nine months, sales was EUR 397 million compared to EUR 480.4 million a year ago. Operating income was EUR 33 million compared to EUR 54.3 million a year ago. Net income was EUR 64 million compared to EUR 68 million a year ago.
Cementos Molins SA is a Spain-based company engaged in the production, distribution and sale of cements, lime and gypsum, as well as other related construction materials. The Company is also involved in the exploitation of quarries and deposits of clay, limestone and gypsum. As of December 31, 2011, the Company owned such subsidiaries as Cementos Molins Industrial SAU, Promotora Mediterranea-2 SA, Prefabricaciones y Contratas SAU, Propamsa SAU, Cemolins Internacional SL, Portcemen SA and Minus Inversora SA, among others. In addition, Noumea SA was the Companyâs major shareholder with 32.09% of its interest.
CEMENTOS MOLINS, S.A. 
