Business
COR: Sales fell 2.2% but net income rose 2.1%, with strong cash flow and a stable dividend
COR: Sales fell 2.2% but net income rose 2.1%, with strong cash flow and a stable dividend

About this update from Corticeira Amorim Sgps Sa
Sales declined 2.2% to €229.4M, with EBITDA down 10% and net income up 2.1% to €16.4M. Amorim Cork grew sales 4.8%, offsetting declines in other segments, while net debt fell to €160.7M and a €0.32/share dividend was approved.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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