Semapa profits surge following sale of cement company

Friday, 15 May 2026AI summary
Semapa profits surge following sale of cement company
Photo: ECO

The holding company Semapa reported a net profit of 513.3 million euros for the first quarter of 2026, a significant increase from the 39.6 million euros recorded in the same period last year. This growth is primarily attributed to capital gains from the sale of the cement producer Secil for 1.4 billion euros.