Celco operates at a 40% net margin

Celco Constanta, manufacturer of construction materials, saw a 54% growth of its net profit in euros, while its turnover rose by some 35%. Celco posted a net profit worth 8.31 million euros (30.1 million RON), against an income worth 5.4 million euros (21.8 million RON) in 2004. The company”s turnover stood at over 20.6 million euros (74.9 million RON) last year, with the net profit margin reaching 40%. Celco results followed the overall upward trend seen by the construction material market, with all major producers in the industry posting significant growth, both in terms of sales and in terms of profit. Craiova-based Elpreco, one of Celco”s main competitors on the ACC (autoclaved cellular concrete) market, saw business worth 22.8 million euros last year, 55% higher than in 2004 and a net profit worth 2.12 million euros, a 54% increase on 2004. ZF