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(AFX UK Focus) 2009-11-25 15:37 Greek cement firm Titan's 9M profit falls 36.5 pct

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ATHENS, Nov 25 (Reuters) - Titan, Greece's biggest cement producer, said on Wednesday nine-month net profit fell 36.5 percent to 103.7 million euros ($156.1 million), on slower construction activity in the Balkans and the United States. `The net profit was above the average forecast of 94.1 million euros given in a Reuters poll of analysts.` `Revenue declined 11.6 percent to 1.04 billion euros, while earnings before interest, tax, depreciation and amortisation dropped 11.4 percent to 258 million euros.` `(Reporting by Harry Papachristou; Editing by Elaine Hardcastle) ($1=.6643 Euro) Keywords: GREECE TITAN/` (harry.papachristou@thomsonreuters.com; +30 210 3376455; Reuters Messaging: harry.papachristou.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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