Vicat - November 2015
Vicat's turnover for the first nine months of the year improved by 1.9 per cent to EUR1883m, which represents an underlying decline of 5.3 per cent. The gearing level was reduced from 46.8 per cent at the end of September last year to 43.7 per cent this time. Turnover in cement was 2.5 per cent higher at EUR1157m, which represented 53.9 per cent of the group total. Cement deliveries declined by 4.4 per cent to 15.13Mt. The aggregates and concrete turnover improved by 1.8 per cent to EUR682m, or 31.8 per cent of the group total, with shipments of aggregates declining by 4.8 per cent to 15.43Mt and deliveries of ready-mixed concrete easing by 0.1 per cent to 6.26Mm³. The turnover from other activities was 0.9 per cent lower at EUR306m or 14.3 per cent of the group total.