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Grupo Bimbo reportó resultados del primer trimestre de 2021: rompe récord de ventas y utilidades
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Grupo Bimbo reporta niveles récord de ventas y utilidad en el primer trimestre del 2021
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Mannok reports higher 2020 earnings, revenue consistent
Updated / Thursday, 8 Apr 2021
17:27
In September 2020 Quinn Industrial Holdings was renamed Mannok
Mannok Holdings, formerly Quinn Industrial Holdings, has reported a 17% increase in EBITDA (Earnings Before Interest, Tax Depreciation & Amortisation) for the year ended 31 December 2020.
EBITDA increased from €26.6 million to €31.1 million.
Revenue remained materially consistent at €233 million, compared to €234m in 2019.
An overview of its 2020 operating performance published today, shows sales and margin increases across cement and packaging, partly offset by higher raw material costs for insulation products.
The report shows that cash generation from operating activities improved by over 44% from €21.7m to €31.3m which aided a reduction in net debt in the period of €19.4m.
BUA Cement grow s after tax profit by 19 4% to N72 3bn
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