Cork

Corticeira Amorim shares closed the stock market session up 5.24% to €8.03 per share leading gains on the Euronext Lisbon PSI index. The increase in the value of the shares of Portugal’s [...]

Cork giant Corticeira Amorim announced on Wednesday that it would close its factory Amorim Cork Solutions in Silves. The 31 employees have been informed and given the opportunity to move 200km to [...]

World Finance Magazine has elected the Portuguese multinational cork giant Corticeira Amorim the ‘Most Sustainable Company’ in the ‘Wine Products Industry’ category at the World [...]

Portugal’s cork giant Corticeira Amorim saw sales fall below the €1Bn benchmark in 2023 because of a “significant reduction” in business activity and an unfavourable exchange effect. Corticeira [...]

Portuguese exports of cork reached a new record of €1.232Bn in 2023, up 2% on 2022, with bottle corks exceeding €900 million in exports for the first time according to the Portuguese Cork [...]

Portuguese exports of cork have hit a new record in revenues in the first half of 2023 with a total of €670,435 million being exported (+3.2%) like-for-like according to the Portuguese [...]

Profits at Portugal’s cork giant Corticeira Amorim rose 18.2% in the first quarter of the year partly because of savings on operational costs. The company enjoyed profits of €23.8 million, a [...]