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Amorim reports 4.6 % dive in flooring revenues

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Published in issue 18/2015
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The Portuguese cork group Corticeira Amorim SGPS S.A., based in Mozelos, has posted a 4.6 % drop in revenues from its Floor & Wall Coverings business unit to €116.4m (2013: 122.0m) in 2014. The firm did improve its EBITDA by 2 % to €15.5m (15.2m) thanks to a number of cost-cutting initiatives. In its preliminary ...

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