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| Cintra expands EBITDA 4.9% Spanish toll road operator Cintra obtained EBITDA of 545.9 million euro in the first nine months of 2008, 4.9% more than in the same period in 2007. Revenue rose 5.3% to 806.9 million euro. Excluding the effects of the euro's appreciation against the US and Canadian dollars, and the Chilean peso, revenue would have increased by 8.8%. The EBITDA margin was 67.7%. EBIT rose 6.1% to 403.5 million euro. Revenue from other countries accounted for 70% of the total in the first nine months of 2008. Canada was the main source of revenue: 266.1 million euro (33% of the total). It was followed by Spain with 242.4 million euro (30%), and Chile with 139.9 million euro (17.3%). write your comments about the article :: © 2008 Construction News :: home page |