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Corticeira Amorim 2015 sales surpass EUR 600 million

2016-03-30
  • Sales of EUR 604.8 million driven mainly by the Cork Stopper BU and the Cork Composites BU
  • Strong operating performance drives  EBITDA for the first time beyond the EUR 100 million mark
  • Profit grows to EUR 55 M, partly driven by an appreciation of the USD against the Euro
Consolidated Accounts
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Corticeira Amorim reports record sales of EUR 560 million in 2014

2015-03-24
  • Sales grow by 3.3% to EUR 560.3 million
  • EBITDA totals EUR 86.7 million, an increase of 11%
  • Further improvement in total equity to total assets ratio which exceeds 50% for the first time
Consolidated Annual Report
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Corticeira Amorim’s sales reach €542.5 million in 2013

2014-03-24
  • Sales grow 2.6% and hit a new record
  • EBITDA totals € 78.1 million and the net profit amounts to € 30.3 million
  • U.S. strengthens its position as the largest importer of Corticeira Amorim
Consolidated Annual Report
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Sales of CORTICEIRA AMORIM exceed EUR 500 M

2013-04-04
  • Net sales reach EUR 511 M (without acquisitions).
  • EBITDA increases 13.8% to EUR 82.5 M.
  • Net Profit grows 22.9% to EUR 31 M.
  • The U.S. market becomes Corticeira Amorim’s leading export destination.
Consolidated Annual Report
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Sales of CORTICEIRA AMORIM increase by 8.3% to approx. EUR 495 million

2012-03-29
  • EBITDA increases by 9.7% to EUR 72.4 million.
  • EDITDA/Sales ratio reaches 14.6%.
  • Net profit grows by 23.1% to EUR 25.3 million.
Consolidated Annual Report
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CORTICEIRA AMORIM posted sales of € 457 million

2011-04-01
  • CORTICEIRA AMORIM posted € 20.5 million net profit for 2010.
  • EBITDA increased to € 66 million.
  • Consolidated sales reached € 456.8 million.
  • Net debt decreased again and stands now at € 102 million.
Consolidated Annual Report
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CORTICEIRA AMORIM posted a € 5.1 million profit in 2009

2010-03-29
  • Sales: EUR 415 million.
  • EBITDA for Q4 increased by 105% in comparison to the same period in 2008.
  • Net debt decreased by € 84 million compared to the end of 2008.
  • Equity to total assets ratio improved again, reaching now 47.6%.
Consolidated Annual Report
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CORTICEIRA AMORIM - Annual results hit by Q4 slowdown

2009-03-19
  • Sales increases to 468.3 M€.
  • EBITDA decreases 16.8% to 48.4 M€.
  • Net Profit decreases to 6.153 M€ affected by main export currencies devaluation.
  • Net debt decreases 4%.
  • Equity/Assets ratio improves to 42.9%.
Consolidated Annual Report
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CORTICEIRA AMORIM posts a 15.6% increase in 2007 profits

2008-04-24
  • Net profit attributable to CORTICEIRA AMORIM shareholders reached 23.245 M€ (15.6% YoY).
  • Corkstoppers Business Unit (BU) strong sales and profits impacted positively consolidated figures.
  • Sales reached 453.8 M€ (+2.5% YoY). Sales increase adversely affected by export currencies devaluation, namely USD during 4Q07. Total exchange impact was -8.9 M€ (-2% in sales).
  • EBITDA (58.1 M€) and EBIT (37.0 M€) posted a YoY increase of 3.9% and 8.3% respectively.
  • Equity / Total Assets ratio stood at 41%.
Consolidated Annual Report

FINANCIAL INFORMATION

Corticeira Amorim 2015 sales surpass EUR 600 million

2016-03-30
  • Sales of EUR 604.8 million driven mainly by the Cork Stopper BU and the Cork Composites BU
  • Strong operating performance drives  EBITDA for the first time beyond the EUR 100 million mark
  • Profit grows to EUR 55 M, partly driven by an appreciation of the USD against the Euro

Consolidated Accounts