Spanish company Cementos Molins’ profit falls to €10.8mn

Spanish cement firm, 4709 Cementos Molins, generated a profit of €10.8 million during the first nine months of 2013, which represents a 65.5% decrease compared to the same period in 2012. This has been attributed to the economic crisis. Other figures show that turnover fell 9.7% to €621 million, with sales in Spain falling 10.5% and international sales dropping 9.6%. Cementos Molins saw its net debt fall €26 million to €289 million.