Matador Sales Exceed 227 million euros in First Half 2006
Matador Group companies reported sales of 227 million euros in the first half of 2006, including a 50 per cent share of Matador Omskshina. Sales are up 14 per cent compared with the same period last year. Pre-tax profits for the period totalled 15.4 million, up 26 per cent on the previous, despite increased raw material costs. “This result was positively influenced by the fact that practically all components within the group recorded an increase in sales and did not generate a loss for the Matador Group,” a company statement explained.