Italcementi - March 2016

Italcementi’s Moroccan subsidiary Ciments du Maroc increased its turnover last year by 8.5 per cent to MAD3730m (EUR346.89m) and the trading profit advanced by 14.8 per cent to MAD1170m (EUR108.81m) while the net attributable profit rose by 34.5 per cent to MAD1020m (EUR94.86m). Domestic cement deliveries improved by 1.2 per cent, helped by a strong final quarter, while total cement and clinker deliveries declined by 2.5 per cent because of lower export volumes. The aggregates tonnage sold improved by 30 per cent while ready-mixed concrete deliveries advanced by 38 per cent.