The company forecasted losses worth RON1.4 million for the first six months of 2016.
Operational revenues, net from the impact of the financial restructuring realized in 2015, grew by 9%, main components generating the growth related to the sale of finished goods and sale of merchandise, both with double-digit growth rates.
“Operating Zalau plant for 6 months 2016 compared to the three months in the first half of 2015 contributed substantially to increased operating expenses by 18%. Thus, 6 months EBITDA margin is at 15%,” the company said in a statement to Bucharest Stock Exchange.
Cemacon’s main shareholders include Business Capital for Romania – Opportunity Fund Cooperatief (The Netherlands) and KJK Caramida Bucuresti, each holding a 27.9% stake.
Cemacon’s competitors on the profile market include, among others, Wienerberger, Brikston, Siceram and Soceram.