Consolidated Annual Report 2005

CORTICEIRA AMORIM - Favourable 4Q fuels higher 2005 sales and profits

  • 4Q05 Sales up 6,2% with cork stoppers up 18%
  • 12M05 Sales increased 0,3% reaching 428,0 M€, reversing negative deviations of previous Quarters
  • CORTICEIRA AMORIM posted a 12M05 EBITDA of 49,5 M€, gaining 5,2% fuelled by a strong 4Q05 (+42%)
  • Net Profit for 12M05 reached 15,7 M€, an increase of + 3,9%
  • Equity to Asset ratio at 40% at year end
  • Board of CORTICEIRA AMORIM proposes a dividend of 0.05€ per share, a 43% increase

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