Toyota Caetano Portugal Q1 net profit increases to 0.95 mln euros

Page created: Friday, 29 May 2015 9:07 GMT

Financial Results  PSI  Toyota Caetano

Toyota Caetano Portugal SA :

* Q1 net profit of 949,415 euros ($1.04 million) versus 721,042 euros year ago

* Q1 EBITDA of 4.6 million euros versus 4.1 million euros year ago (up 12.2 pct)

* Q1 turnover of 73.99 million euros versus 57.57 million euros year ago (up 28.5 pct)

* Sees increase in Q2 expenses, due to changes in the productive struture in its Ovar unit (Portugal), affecting negatively the results