Vitro Reports Highest EBITDA Ever

Vitro S.A. de C.V. (BMV: VITROA; NYSE: VTO) one of the world's largest producers and distributors of glass products, announced on October 25, 2012 3Q'06 unaudited results. Year over year consolidated sales increased 7.9 percent and EBITDA rose 10.6 percent. The consolidated EBITDA margin was up 40 basis points to 16.9 percent for the quarter. Excluding the divestiture of Quimica M in March 2006 and the acquisition of Vidrios Panamenos (VIPASA) in April 2006, consolidated sales rose 8.0 percent and consolidated EBITDA also excluding the flat glass inventory reduction effect increased 13.4 percent year over year.

Read the full press release