Buzzi Unicem - February 2016
Buzzi Unicem's turnover improved by 6.2 per cent last year to EUR2662m, helped by a stronger US dollar, which boosted turnover by EUR183m. However, exchange rate movements also led to a EUR37m reduction in the Ukranian turnover and a EUR46m reduction in respect of the Russian currency. Ignoring exchange rate movements and changes in the sphere of consolidation, the turnover would have been one per cent higher. Net debt at the end of December was 3.1 per cent below the level seen a year earlier at EUR1030m. Group cement deliveries in 2015 increased by 1.7 per cent to 25.6Mt, but ready-mixed concrete deliveries were 0.9 per cent lower at 11.9Mm³.