Vitro Prereleases FY2007 EBITDA up 5.4% Year Over Year
31 Enero 2008 - 9:47AM
PR Newswire (US)
SAN PEDRO GARZA GARCIA, Mexico, Jan. 31 /PRNewswire-FirstCall/ --
Vitro S.A.B. de C.V. (BMV: VITROA; NYSE: VTO) one of the world's
largest producers and distributors of glass products, today
pre-released its FY2007 results. Consolidated Net sales rose 6.7
percent YoY from US$2,398 million to US$2,560 million. Consolidated
EBITDA rose 5.4 percent YoY from US$371 million to US$391 million.
The Company expects to release 4Q'07 and FY2007 results on February
26 after market close. Vitro, S.A.B. de C.V. (BMV: VITROA; NYSE:
VTO), is one of the largest glass manufacturers in the world.
Through our subsidiary companies we offer products with the highest
quality standards and reliable services to satisfy the needs of two
distinct business sectors: glass containers and flat glass. Our
manufacturing facilities produce, process, distribute and sell a
wide range of glass products that offer excellent solutions to
multiple industries that include: wine, beer, cosmetic,
pharmaceutical, food and beverage, as well as the automotive and
construction industry. Also, we supply raw materials, machinery and
industrial equipment to different industries. We constantly strive
to improve the quality of life for our employees as well as the
communities in which we do business by generating employment and
economic prosperity thanks to our permanent focus on quality and
continuous improvement as well as consistent efforts to promote
sustainable development. Our World Headquarters are located in
Monterrey, Mexico where Vitro was founded in 1909 and now embarks
major facilities and a broad distribution network in nine countries
in the Americas and Europe. Additionally, it exports its products
to over 40 countries around the World. For more information, you
can access Vitro's Website at: http://www.vitro.com/. DATASOURCE:
Vitro, S.A.B. de C.V. CONTACT: Investor Relations, Adrian Meouchi,
+52-81-8863-1765, , or Angel Estrada +52-81-8863-1730, , both for
Vitro S.A.B. de C.V.; U.S. agency, Susan Borinelli, , or Maura
Gedid, , both of Breakstone Group, +1-646-452-2335; Media
Relations, Albert Chico of Vitro, S.A.B. de C.V., +52-81-8863-1661,
Web site: http://www.vitro.com/
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