Cementir revenue up 26.8 per cent, Italy

Cementir revenue up 26.8 per cent, Italy
Published: 12 May 2006

Italian cement group Cementir, a unit of local construction company Caltagirone, registered a revenue of EUR217.2m (US$275.9m) in the first three months of 2006, up 26.8 per cent YoY, the company said in a statement.

Pre-tax profit marked an increase of 123.8 pct to EUR15m. EBITDA stood at EUR36m, up 44 per cent. Operating profit amounted to EUR19.9m, a rise of 98 per cent. Operating profit to turnover ratio increased by 3.3 per cent.