Spain’s Cementos Portland reduces loss to €72mn

Cementos Portland has announced a €72 million loss in 2013. The FCC subsidiary managed to cut in half its loss from the previous year. Turnover in 2013 was down 17.3%, reaching €541 million and EBITDA was down 25.7% at €50.4 million.

Cementos Portland has announced a €72 million loss in 2013. The FCC subsidiary managed to cut in half its loss from the previous year. Turnover in 2013 was down 17.3%, reaching €541 million and EBITDA was down 25.7% at €50.4 million.