Business
IMC: Net profit jumped 134.5% to €274.5M, fueled by asset sales and reduced debt
IMC: Net profit jumped 134.5% to €274.5M, fueled by asset sales and reduced debt
About this update from Inmocemento Sa
Revenue declined 1.7% to €657.8M, but net profit soared 134.5% to €274.5M, driven by a major asset sale and lower debt. Cement outperformed with strong Spanish demand, while Real Estate faced lower sales but saw rental growth.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.