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| Cintra EBITDA up 8% to €346.4 million Spanish toll road operator Cintra increased EBITDA by 8% to 346.4 million euro in 1H08. Sales in the first half of 2008 rose 7% to 515.7 million euro. Excluding the effects of the euro's appreciation, revenue would have increased by 10.1%. The EBITDA margin was 67.2% in 1H08, up 0.6 percentage points with respect to 1H07. EBIT amounted to 252.8 million euro in 1H08, an 11% increase. Revenues from other countries accounted for 70.8% of the total in 1H08. Canada was the main source of revenues in 1H08 with 167.4 million euro (32.5% of the total), followed by Spain with 150.8 million euro (29.2%), and Chile, which increased its contribution to 99.6 million euro (19.3%). write your comments about the article :: © 2008 Construction News :: home page |