Mexico's Vitro S.A. de C.V., one of the world's largest producers and distributors of glass products, announced 13 January 2006 its pre-earnings release for 2005. Consolidated sales rose 6.0% year-on-year from US$ 2,272M to US$ 2,409M. Excluding divestitures of Vitro Fibras in March 2004, Vitro American National Can in September 2004 and Plasticos Bosco in April 2005, consolidated sales rose by 9.2% during the same period. Consolidated EBITDA of US$ 352M remained static. On a comparable basis, consolidated EBITDA rose 2.6% due to what the company said was an "outstanding performance" from the glass containers business unit.
Origin
Unknown
Journal Title
Glassonline 20/01/06
Sector
News Items
Class
N 1922a