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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
F. +351 227 475 407
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