Corticeira Amorim SGPS S A : Host a Sucessful First “Capital Markets Day”
June 19, 2024
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In a significant move to strengthen investor relations, the inaugural "Capital Markets Day" successfully brought together Portuguese and International investors and analysts. The event commenced at Herdade de Rio Frio, where participants were briefed on the Forestry Intervention Project. This project has seen substantial investments aimed at increasing the number of cork oak trees per hectare, optimizing cork production, and enhancing biodiversity across the 5100 hectare property.
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20 June 2024 and is solely responsible for the information contained therein. Distributed by
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25 June 2024 13:54:36 UTC.
Tracing its roots back to the 19th century, Corticeira Amorim, SGPS, S.A. has become the world's largest cork and cork-derived company in the world, generating more than EUR 985.5 million in sales to more than 100 countries through a network of dozens of fully owned subsidiaries. With a multi-million Euro R&D investment per year, Corticeira Amorim, SGPS, S.A. has applied its specialist knowledge to this centuries-old traditional culture, developing a vast portfolio of products, solutions and materials that are used by blue-chip clients in industries as diverse and demanding as wines & spirits, aerospace, automotive, construction, sports, architecture and design.
Net sales by business unit break down between Cork Stoppers (75.9%), Composite Cork (12%), Floor and Wall Coverings (9.1), Insulation Cork (1.6%) and Raw Materials (1.4%).
Net sales are distributed geographically as follows: Portugal 6.8%), EU excluding Portugal (61.8%), Other European countries (2%), the United States (16.4%), America excluding the United States (6.5%), Australasia (5.1%) and Africa (1.4%).
Corticeira Amorim, SGPS, S.A.'s responsible approach to raw materials and sustainable production illustrates the remarkable interdependence between industry and a vital ecosystem - one of the world's most balanced examples of social, economic and environmental development.
CORTICEIRA AMORIM, SGPS, S.A. 
