Vitro reports record quarterly sales

Vitro S.A.B. de C.V., one of the world's largest producers and distributors of glass products, today announced 2Q'08 unaudited results. Year over year consolidated sales rose 14.5 percent while EBITDA declined 15.6 percent. The consolidated EBITDA margin dropped to 11.7 percent from 15.8 percent in the same period last year, following a 45 percent increase in natural gas prices, according to a July 24 article in The Earth Times.

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