The Silk of Barcelona Gets a turnover with 43% more than in the previous year
December 5, 2008
La Seda Barcelona achieved a net amount of the turnover of 1,382 billion euros, number 43 percent more than the figure reached during the same period of previous year in the third quarter of the yearWhen the billing was 963 million euros. By geographical area, Spain, Portugal and United Kingdom are that reported the largest volume of sales and, together, account for more than 60 per cent of the net amount of the turnover. Operating Ebitda of the company, in the first nine months of the year, has been located at 121 million euros.
745 Million of bank debt, 75 per cent are in the long term, with an availability of Fund, currently of EUR 62 million. It should be noted, moreover, that in recent days, La Seda Barcelona has obtained the approval of a Project financing for an amount of EUR 320 million to its facilities of Sines (Lisbon) with a maturity in the long term of 15 years.
