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3rd Quarter 2011 Results

Fri, 02 Nov 2012 00:00:00 +0000

1st Half 2012 Results

Fri, 24 Aug 2012 00:00:00 +0100

1st Quarter 2012 Report

Thu, 17 May 2012 00:00:00 +0100

RESULTS BEFORE TAX OF € 1.6M, AT 2011 LEVEL

Recovery of EBITDA and EBIT margin to market references
Strengthening the Financial Balance by Debt Reduction of € 77.5 M

Results generation
- Sales decreased 8.8% relatively to 3011
- Gross margin increased 1.3 percentage points to 18.6%
- Operational costs reduced by 2.3%
- Recurrent EBITDA was 7.8 million euros
- Operational results were 6.2 million euros
- Financial costs decreased 10.2%
- Results before tax were 1.6 million euros, at 2011 level
- Net income was 1.0 million euros

Financial Strength
- Working capital decreased 17.8% relatively to the 1st quarter 2011
- Net debt decreased 77.5 million euros comparing with the 1st quarter 2011 and 10.6 million euros comparing with 2011 year end.

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Annual Report 2011

Thu, 10 May 2012 00:00:00 +0100

2011 was a challenging year for the European economy, with the consumers and companies levels of confidence in decline, a reduction in global demand and the crisis in the financial sector, factors that combined led to one of the worst macroeconomic frameworks of the past ten years.

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Annual Report 2011 (Size: 40Mb)

Qualified stake Tiago Moreira Salgado

Tue, 27 Mar 2012 00:00:00 +0100

In conformance with the provisions of Paragraph 1 of Article 17 of the Securities Exchange Code ("the CVM code"), Tiago Moreira da Silva Trindade Salgado has notified Inapa - Investimentos, Participações e Gestão, SA, in accordance with article 16 of the aforementioned CVM Code and article 2 of CMVM regulation 5/2008, that it has reached 2% of the share capital and voting rights in this entity.

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