Cementos Molins, S.A. Reports Earnings Results for the Fourth Quarter Ended December 31, 2018
February 28, 2019 at 07:29 am EST
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Cementos Molins, S.A. Announced earnings results for the fourth quarter ended December 31, 2018. For the fourth quarter, the company announced sales was EUR 286.881 million compared to EUR 325.773 million a year ago. Operating income was EUR 22.456 million compared to EUR 39.882 million a year ago. Net income was EUR 34.339 million compared to EUR 46.775 million a year ago. Basic earnings per share was EUR 0.52 compared to EUR 0.71 a year ago. For the full year, sales was EUR 588.154 million compared to EUR 645.620 million a year ago. Operating income was EUR 52.920 million compared to EUR 73.307 million a year ago. Net income was EUR 85.333 million compared to EUR 89.078 million a year ago. Basic earnings per share was EUR 1.29 compared to EUR 1.35 a year ago.
Cementos Molins SA is a Spain-based company engaged in the production, distribution and sale of cements, lime and gypsum, as well as other related construction materials. The Company is also involved in the exploitation of quarries and deposits of clay, limestone and gypsum. As of December 31, 2011, the Company owned such subsidiaries as Cementos Molins Industrial SAU, Promotora Mediterranea-2 SA, Prefabricaciones y Contratas SAU, Propamsa SAU, Cemolins Internacional SL, Portcemen SA and Minus Inversora SA, among others. In addition, Noumea SA was the Companyâs major shareholder with 32.09% of its interest.
CEMENTOS MOLINS, S.A. 
