Vicat - August 2016
Vicat's first-half turnover eased by 0.4 per cent to EUR1237m, which amounts to a 4.3 per cent increase on a comparative basis. EBITDA improved by 2.3 per cent to EUR208m and the margin advanced from 16.3 per cent to 16.8 per cent. The trading profit moved ahead by 11.2 per cent to EUR103m, with the underlying margin improving by 16.5 per cent. The net attributable profit advanced by 45.7 per cent to EUR49m. The net debt at the end of the period amounted to EUR1059m and the gearing level declined from 46.8 per cent compared to 43.9 per cent.