Spain: Molins has reported that a cement market slowdown, exacerbated by tariffs and adverse weather in Spain and Argentina, affected its financial performance during the first quarter of 2025. The company reported sales of €327m, a 3% year-on-year decline compared to the same period of 2024, although like-for-like sales rose by 6%.
Molins’ earnings before interest, tax, depreciation and amortisation (EBITDA) came to €87m, a 3% decline compared to the same period of 2024. Again the like-for-like result was a 9% improvement.
Molins reported that higher average sales prices and lower costs due to ongoing efficiency plans, mitigated the unfavourable impact of exchange rates, particularly the Mexican and Argentine Pesos.
