Overview - Investors - Corticeira Amorim, world’s biggest cork processing group

Corticeira Amorim: Sales fall 2%, penalised by exchange rates and unfavorable global climate

06 May 2021

Sales stable when negative impact of exchange rate depreciation is excluded;
Comparison with first quarter of 2020, which was unaffected by COVID-19;
Reduction in operating costs despite significant increase in transport costs;
Profitability of Amorim Cork Flooring improved after recovery initiated in 2020;
Net debt fell by €35 million to €76 million.

Investors Kit

Investors Kit

Corticeira Amorim, S.G.P.S., S.A.

Rua Comendador Américo Ferreira Amorim, 380 - Apartado 20
4536-902 Mozelos – Portugal

T. +351 227 475 400

F. +351 227 475 407

E. corticeira.amorim@amorim.com

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