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ATA - Agricultural exports, 37 thousand tons more than first week of July 2020
TIRANA,July 9 /ATA/-About 50 thousand tons of fresh agricultural produce were exported from the markets of Lushnja and Fier during...
NNA - the American University of Beirut (AUB) holds WHO World No Tobacco Day 2020 Award Ceremony
NNA-On Tuesday, July 7,2020, the American University of Beirut (AUB) held the distribution ceremony of the World Health Organization (WHO)...
NNA - وزارة الصحة: 66 اصابة كورونا جديدة رفعت عدد الحالات المثبتة الى 2011
وطنية - اعلنت وزارة الصحة العامة تسجيل 66 اصابة كورونا جديدة رفعت العدد التراكمي للحالات المثبتة الى 2011.
وجاء في التقرير: (مراجعة الصورة البياتية)
ATA - COVID-19/ Ministry of Health: 82 new cases, increased number of inpatients on intensive care unit
TIRANA,July 9/ATA/The Ministry of Health and Social Protection has informed that within the last 24hours,82cases have tested positive for COVID-19...
NNA - The Ministry of Public Health confirms 66 new Coronavirus cases in Lebanon
NNA-66 new cases of the novel coronavirus have been confirmed in Lebanon a statement by the Ministry of Public Health...
NNA - مستشفى الحريري: 23 اصابة و16 حالة مشتبه باصابتها و4 حالات حرجة ولا وفيات
وطنية - صدر التقرير اليومي لمستشفى رفيق الحريري الجامعي عن آخر المستجدات حول فيروس كورونا Covid-19، ويبين بالأرقام الحالات المتواجدة في مناطق العزل والحجر داخل المستشفى. لمعرفة عدد الاصابات على...
NNA - Ministère de la Santé: 66 nouveaux cas confirmés
ANI–Le ministère de la Santé publique a annoncé ce jeudi dans son rapport quotidien 66 nouveaux cas confirmés de coronavirus,...
CNA - رئيس الجمهورية يؤكد أن العلاقات الممتازة مع روسيا والصين لن تتأثر
وكالة الأنباء القبرصية - قبرص / نيقوسيا - مهى ميخائيل
أكد رئيس الجمهورية نيكوس اناستاسياديس اليوم أن علاقات قبرص الممتازة مع روسيا والصين لن تتأثر، وذلك تعليقاً على القرار الأمريكي بإدراج...
CNA - قبرص تسجل حالتي إصابة بفيروس كورونا اليوم
وكالة الأنباء القبرصية - قبرص / نيقوسيا - مهى ميخائيل
أعلنت السلطات القبرصية اليوم الخميس عن تسجيل حالتي إصابة بفيروس كورونا بعد أن أجرت 1159 فحصاً معملياً، ليصل العدد الكلي للإصابات...
Lusa - Business News - Portugal: Operator wants Porto Metropolitan Area public transport tender
Porto,July 9,2020(Lusa)-The tender for public road transport in the Metropolitan Area of Porto (AMP) was challenged by a private operator...
Lusa - Business News - Portugal: PSI20 falls 1.03% in line with other European bourses
Lisbon,July 9,2020(Lusa)-The Lisbon stock market today followed the negative course of the main European stock markets and closed 1.03% down...
Lusa - Business News - Mozambique: Fiitch keeps Maputo at junk rating
Hong Kong, China, July 9, 2020 (Lusa) - The financial rating agency Fitch Ratings decided on Thursday to keep Mozambique...
CNA - محادثة هاتفية بين وزيري خارجية قبرص وروسيا
وكالة الأنباء القبرصية - قبرص / نيقوسيا - مهى ميخائيل
أجرى وزيرا خارجية روسيا وقبرص سيرجي لافروف ونيكوس خريستودوليديس محادثة هاتفية اليوم ناقشا خلالها القضية القبرصية وقوة الأمم المتحدة لحفظ السلام...
CNA - وزير الدفاع يناقش الوضع في شرق المتوسط والمنطقة الاقتصادية الخالصة مع سفراء اليونان وفرنسا وإيطاليا
وكالة الأنباء القبرصية - قبرص / نيقوسيا - مهى ميخائيل
تم اليوم مناقشة الوضع في شرق البحر الأبيض المتوسط والمنطقة الاقتصادية الخالصة لقبرص خلال اجتماعات عقدها وزير الدفاع خارالامبوس بيتريدس مع...
Lusa - Business News - Portugal: Government approves 1.6 ME for temporary stop to fishing
Lisbon,July 9,2020 (Lusa)-The first 98 applications for support for the temporary cessation of fishing vessels in Portugal due to Covid-19...
Lusa - Business News - Mozambique: Portuguese expat light leaves Maputo on Saturday
Maputo,July 9,2020(Lusa)- The Portuguese embassy in Mozambique announced a flight on Saturday for expats affected by the border closure caused...
Lusa - Business News - Portugal: Lisbon City Council rejects mandatory tests for inbound passengers
Lisbon,July 9,2020(Lusa)-The Lisbon City Council on Thursday rejected a CDS - People's Party motion calling for mandatory testing of passengers...
Lusa - Business News - Portugal: Guterres asks world leaders to choose path of clean energy
Paris, July 9,2020 (Lusa)- UN secretary-general, António Guterres, on Thursday asked world leaders to choose the path of clean energy...
Lusa - Business News - Angola: Citizens want return to state of emergency, Covid-a9 cases growing
Luanda,July 9,2020(Lusa)-The majority of the population of the Angolan capital, Luanda,has called for a return to a state of emergency...
Lusa - Business News - Portugal: Twelve infected in Lisbon hospital outbreak
Lisbon,July 9,2020(Lusa)-Twelve patients and staff the São José Hospital have tested positive for Covid-19 after a case of infection in...
Lusa - Business News - Macau: 'Epidemic once again reveales problems' - Chief Executive
Macau,China,July 9,2020 (Lusa)-The Chief Executive of Macau, Ho Iat Seng, on Thursday said that the Covid-19 pandemic revealed once again...
Lusa - Business News - Portugal: Cascais line receives €50M from Cohesion Fund for works
Brussels, July 9, 2020 (Lusa) - The European Commission on Thursday approved funding of €50 million from the Cohesion Fund...
HINA - A short guide to the history of Goli Otok island prison presented
ZAGREB,July 9(Hina)-A Short Guide to the History of Goli Otok, a Communist-era island prison, was presented in Zagreb on Thursday...
Lusa - Business News - Sao Tome: Portuguese navy confirms support in combating piracy
Sao Tome, July 9, 2020 (Lusa) - The captain of the Portuguese patrol ship NRP Zaire, which has been stationed...
CNA - Experts tell CNA that Cyprus’ inclusion in Belgium’s orange zone is wrong and must be protested
CNA-Nicosia- Members of Cyprus’ scientific team, professors Leontios Kostrikkis and Petros Karayiannis, have pointed out that the Republic of Cyprus...
Lusa - Business News - Portugal: Maritime police seize fishing gear, 90 kg of fish off Sao Miguel
Ponta Delgada, Azores, July 9, 2020 (Lusa) – Maritime Police of Ponta Delgada, in a joint operation with the Azores...
CNA - بوريل يؤكد على ضرورة الحوار لاستقرار منطقة البحر المتوسط
وكالة الأنباء القبرصية - بلجيكا / بروكسل - اثاناسيوس اثاناسيو
قال الممثل الأعلى للشؤون الخارجية والسياسة الأمنية في الاتحاد الأوروبي ونائب رئيس المفوضية الأوروبية جوزيب بوريل في حديثه خلال الجلسة العامة...
Lusa - Business News - Portugal: Business insolvencies rise 7.5% H1 2020 to 2,749 - Iberinform
Lisbon,July 9,2020(Lusa) - The number of insolvencies reached 559 in June, 191 more than in the same period of 2019,...
Lusa - Business News - Cabo Verde: AfDB predicts recession of up to 7% in 2020
Abidjan, July 9, 2020 (Lusa) - The African Development Bank (AfDB) has said that the Cabo Verde archipelago will face...
Lusa - Business News - Mozambique: Crisis triples financing needs to 8.2% of GDP - AfDB
Abidjan, July 9, 2020 (Lusa) - The African Development Bank (AfDB) on Thursday said that the Covid-19 pandemic has tripled...
Lusa - Business News - Guinea-Bissau: Country among five worst-prepared African countries to fight Covid-19 - AfDB
Abidjan, July 9,2020(Lusa)-The African Development Bank (AfDB) on Thursday said Guinea-Bissau to be among the five African countries most unprepared...
Lusa - Business News - Angola: African Bank forecasts inflation of 25%, recession of up to 5.3% in 2020
Abidjan, July 9, 2020 (Lusa) - The African Development Bank (AfDB) has revised downwards the outlook for Angola's economy, ...
Lusa - Business News - Sao Tome: Pandemic could cause 8.2% recession in 2020 - AfDB
Abidjan,July 9,2020(Lusa)-The African Development Bank(AfDB) on Thursday said that the effects of the Covid-19 pandemic could lead to an 8.2%...
Lusa - Business News - East Timor: Most families see food, income situation worsen during pandemic
Díli, July 9,2020 (Lusa)–The Covid-19 pandemic has impacted on the food and income situation of most Timorese families, worsening conditions...
CNA - سفير المانيا لدى قبرص يصرح أن بلاده مستعدة لإجراء مناقشات صعبة وتسويات حول القضايا الملحة التي تواجه الاتحاد الأوروبي
وكالة الأنباء القبرصية - قبرص / نيقوسيا - مهى ميخائيل
صرح سفير المانيا لدى قبرص خلال عرض أولويات بلاده التي تولت رئاسة مجلس الاتحاد الأوروبي في الأول من تموز / يوليو...
Lusa - Business News - Equatorial Guinea: Recession of 11.3% forecast for 2020 - ADB
Abidjan,July 9,2020(Lusa)-The African Development Bank(ADB) on Thursday aggravated the forecast of a sharp drop in Equatorial Guinea's economy to 11.3%...
Lusa - Business News - Portugal: Porto council to open tender for new bridge across river Douro when
Porto,July 9,2020(Lusa)–The Mayor of Porto, Rui Moreira, said that as soon as the law for the design-building tender is changed,...
Lusa - Business News - Portugal: Portable air conditioners 50% less efficient than fixed, energy labels
Lisbon,July 9,2020(Lusa)–Portable air conditioners are half as efficient as fixed ones and their labels fool consumers, warned environmentalist associations Zero...
Lusa - Business News - Portugal: Stock market opens Thursday session rising 0.31%
Lisbon,July 9,2020(Lusa)-The Lisbon Stock Exchange opened Thursday on positive ground, with the main index, the PSI20, up 0.31% to 4,490.19points....
Lusa - Business News - Portugal: Top headlines on Thursday
Lisbon,July 9,2020(Lusa)–Controversy over Mario Centeno’s nomination as governor of the central bank and the death of ex-PM Jose Socrates’ lawyer...
Lusa - Business News - Portugal: Semapa's profit drops 56.7% compared to Q1 of 2019 to €17.2M




Lisbon, May 29, 2020 (Lusa) – Portugal’s paper, pulp, cement and environment conglomerate, Semapa reported profits of €17.2 million in the first quarter of the year, a decline of 56.7% compared to the same period in 2019 (€39.7 million).
"The net profit attributable to Semapa shareholders rose from €12.0 million to €17.2 million concerning the net profit of the fourth quarter of 2019, being €22.5 million lower than the net profit recorded in the first quarter of 2019," said the document sent to the Securities Market Commission (CMVM) on Thursday.
Semapa linked this year-on-year drop after seeing profit rise 46.3% between the first quarter of 2018 and that of 2019, from €27.2 million to €39.7 million, confirms the report published last year.
In the communication to the market, Semapa states that turnover was €524 million, between January and March 2020, with exports amounting to €382.1 million, making up 72.9% of turnover.
The group also highlights year-on-year increases of 4% in paper sales, 10% in tissue (used for tissues and toilet paper) and 34% in pulp, with the report showing that turnover in the first quarter of this year fell 5% compared to the first quarter of 2019 (€551.3 million) and 4% compared to the fourth quarter of last year (€545.7 million).
Semapa said that its performance was conditioned by the year-on-year fall in sales prices of BHKP (bleached eucalyptus short fibre pulp) by 29% and A4 paper by 5.5%.
Earnings before interest, taxes, depreciation and amortization (EBITDA) also fell 10.1% year-on-year, from €132.6 million to €119.1 million, with Semapa reporting that the increases in EBITDA in the cement segment, to €28.5 million, and in the environment, to €2.7 million, were insufficient to compensate for the significant fall in pulp and paper prices that occurred during 2019.
In the document sent to CMVM, the group stressed a penalty of net financial results of about €16.8 million in comparison to the same period of the previous year, having mentioned a very unfavourable deviation (€21.0 million) in exchange differences, due to the devaluation of the Brazilian Real against the Euro.
The consolidated net debt as of 31 March 2020 was €1.54 billion, which represented a decrease of €5.2 million when compared to the end of 2019 (-0.3%).
The group highlighted that the Covid-19 pandemic has already had an impact on the results of the first quarter, albeit incipiently, mainly in the pulp and paper segments.
Semapa holds 69.4% of Navigator's share capital, a company that decided to partially and temporarily suspend paper production as of 22 April for a period initially estimated at around 30 days, affecting production of between 700 tonnes and 2,000 tonnes daily.
TYME/IMYN // AYLS
Lusa



Agency : LUSA

Date : 2020-05-30 09:37:48







 

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