• Net profit attributable to CORTICEIRA AMORIM shareholders reached 23.245 M€ (15.6% YoY).
• Corkstoppers Business Unit (BU) strong sales and profits impacted positively consolidated figures.
• Sales reached 453.8 M€ (+2.5% YoY). Sales increase adversely affected by export currencies devaluation, namely USD during 4Q07. Total exchange impact was -8.9 M€ (-2% in sales).
• EBITDA (58.1 M€) and EBIT (37.0 M€) posted a YoY increase of 3.9% and 8.3% respectively.
• Equity / Total Assets ratio stood at 41%.

Sales reached 442,6 million euros (M€), up 3,4%; strong contribution from Corkflooring Business Unit (BU) (+7,6%).

Net profit attributable to CORTICEIRA AMORIM shareholders rose to 20,104 M€ at year end, up 27,7% when compared to 2005.

EBITDA registered 56 M€, more than doubling first half, driven by growth in Sales and Gross Margin.

The same for growth in EBIT (+27,4%) and EBT (+30,9%).

Fourth quarter sound performance boosted full year activity: Sales (+7,2%),and Net Profit (+64,8%).

In spite of a slowdown in the second half, Gross Margin kept its high performance (48,5%).