Uralita losses up 18.1% in Q1 2015

Spanish building materials firm 4862 Uralita’s losses rose by 18.1% to €18.9 million in Q1 2015, compared to the same period of 2014, due to its financing costs rising to €14.6 million. At the same time, the company’s ebitda decreased by 1.9% to €9.1 million and sales totalled €130.3 million after rising by 1.8%. Sales abroad accounted for 76% of all sales, while sales in Spain decreased by 13%. Sales of Uralita’s Interiors division rose by 2% to €117.2 million, and revenues of its pipes division rose by 1% to €13 million.