The benefit of Miquel y Costas upr

September 10th, 2010

The benefit of Miquel y Costas up 7.1% in the first half of year.

Barcelona, 31 ago .- The consolidated net profit of Miquel y Costas trash in the first half of the year stood at 9.4 million euros, an increase over that obtained in 2009 from 7.1%, according to a informed the National Securities Market Commission (CNMV).

The net turnover of Miquel y Costas in the period amounted to EUR 92.2 million, representing an increase of, tera items, 11.3% over the same quarter of 2009.

This increase was primarily due to higher sales volumes and improvements in industrial processes. "Moreover, continued increases in prices of raw materials and energies have acted negatively on the results of the company," according to the company warns in his note.

The "cash-flow-profits plus depreciation, reached by the group was 16.2 million euros,, ffxiv gil, 5.4% higher than the same period of previous year.

Miquel y Costas has distributed 1.5 million euros in the half by way of dividend for the year 2009 and last July has paid dividend amounting to EUR 1.7 million agreed at the last meeting of shareholders . –

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