Corticeira Amorim, SGPS, S.A. Stock

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 939.1 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 (76.4%), Floor and Wall Coverings (12.9%), Composite Cork (8.3%), Insulation Cork (1.4%) and Raw Materials (0.9%). Net sales are distributed geographically as follows: Portugal (6.3%), EU excluding Portugal (61.6%), Other European countries (3.1%), the United States (16.2%), America excluding the United States (6.3%), Australasia (5%) and Africa (1.5%). 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.