Teraplast preliminary financial results in 2014

Bistrita, 16 February 2015 – Teraplast (TRP), the Romanian producer of materials for constructions and installations, obtained in 2014 a net profit of LEI 8.9 million, as compared to LEI 5.2 million in the same period of 2013 and over the budgeted value of this indicator for 2014. The 72% increase of the net result was sustained on one hand by both the operational activity and the commercial strategy applied and on the other hand by the improvement of the financial result. This last indicator was approximately 42% better in 2014, due to the decrease of the interest expenses, as a result of the liabilities value reduction and as a result of renegotiations for the existing loan contracts.

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TeraPlast