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 861 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 Amorim Cork (cork stoppers: 80.3%), Amorim Cork Solutions (18.7%), Amorim Florestal (0.8%) and other (0.2%). Net sales are distributed geographically as follows: Portugal (7%), EU excluding Portugal (60.2%), Other European countries (2.8%), the United States (15.9%), America excluding the United States (6.9%), Australasia (5.5%) and Africa (1.7%). 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.