Corticeira Amorim: Resilient sales (-5.2%) despite adverse global context and unfavourable exchange rate effect

24 February 2021

EBITDA-sales ratio increases to 16.6%, reflecting the positive evolution of EBITDA compared with the decline in sales
Exchange rate depreciation impacts activity negatively
Net debt decreases €50.4 million to €110.7 million
Net profit falls 4.8% to €64.3 million (excluding non-recurring costs and the positive extraordinary impact of US Floors in 2019)