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English news

30-May-2016

Arabian Cement Company (Egypt) 1Q16: Recurring pre-tax earnings inch up 4% Y-o-Y on better margins, beat estimate

Recurring net income – EGP112mn, +20% Y-o-Y, +93% Q-o-Q, +16% vs. EFGe Reported net income – EGP34mn, -40% Y-o-Y, +10% Q-o-Q, +83% vs. EFGe Revenue – EGP552mn, -6% Y-o-Y, +2% Q-o-Q, +3% vs. EFGe EBITDA – EGP192mn, +4% Y

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