CEMENTOS MOLINS

  ISIN Code ES0117360117 Sector Basic Materials, Industry and Construction
Ticker CMO Subsector Construction Materials
Speaker Jorge Bonnin (Chief Financial Officer)
Private Meetings Jorge Bonnin (Chief Financial Officer)
Michele Iaria (Corporate Finance Director)
Profile

Cementos Molins is an international company with family roots and listed in Spain, established in 1928, which develops, produces and sells innovative and sustainable solutions for the construction sector, contributing towards the development of society, people's quality of life, and the environmental protection. The company has operations in Spain, Mexico, Argentina, Uruguay, Bolivia, Colombia, Germany, Croatia, Turkey, Tunisia, Bangladesh and India. Its integrated business model includes aggregates, cement, ready-mix concrete, mortars, precasts solutions, urban landscaping, architectural facades, and waste management. The long history of Cementos Molins has been made possible thanks to a team over 6,300 employees in twelve countries and four continents, who work every day with passion, respect and integrity.

The revenues of Cementos Molins achieved €968 million in 2021, EBITDA reached a record level of €242 million, and net profit amounted to €105 million, with a comfortable net financial multiple NFD/EBITDA of only 0.7x. This solid financial position is a great lever to execute the profitable and sustainable growth strategy of the Strategic Plan 2020-2023, as well as to develop the 'Sustainability Roadmap 2030', a roadmap that will lead Cementos Molins to cut its emissions by 20% in 2030 compared to 2020, with a commitment to supply carbon-neutral concrete by 2050.

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