Vicat - April 2014
Vicat's first-quarter turnover increased by 9.2 per cent to EUR536m, which represents an underlying improvement of 14 per cent. The cement turnover improved by 6.8 per cent to EUR325m, as cement shipments rose by 12.2 per cent to 4.6Mt. The turnover in concrete and aggregates was 9.8 per cent higher at EUR199m as aggregates shipments rose by nine per cent to 5.15Mt and ready-mixed concrete deliveries increased by five per cent to 1.89Mm³. Other products and services generated a 10.1 per cent increase in turnover to EUR90m, and at the consolidated level, the increase was 11.4 per cent to EUR67m. The net debt ratio rose from 52 to 54 per cent of shareholders' funds. Higher volumes were registered in France, Switzerland, the USA, Turkey, India, Egypt and west Africa. Only in Kazakhstan and Italy did shipments decline.
