Greece-based Titan cement group on Thursday announced that it recorded on small increase in sales and operating profitability over the first nine-month period of 2017.
Greece-based Titan cement group on Thursday announced that it recorded on small increase in sales and operating profitability over the first nine-month period of 2017.
In a press release, the group said the development was mainly due to growth in the US market.
Consolidated turnover reached 1.14 million euros, posting 1.8-percent increase compared to the same period in 2016.
EBITDA increased by 4.6% to 214.5 million euros.
Net profit, after minority interests and the provision for taxes, stood at 33.1 million euros, compared to 121.9 million euros over the same period in 2016.