French Vicat Registers 76.5 Mln Euro Net Profit H1 2004

French Vicat Registers 76.5 Mln Euro Net Profit H1 2004
Published: 16 September 2004

French building materials supplier Vicat SA reported a net profit of 76.5 mln euro ($93.7 mln) for the first half of 2004, up 15.3 pct year-on-year.  The company’s earnings before interest, tax, depreciation and amortisation (EBITDA) rose 23 pct to 194 mln euro ($237.5 mln). Turnover stood at 798 mln euro ($977.1 mln). Consolidated shareholders’ equity was worth 1.14 bln euro ($1.396 bln) and the company’s debt amounted to 587 mln euro ($718.7 mln).  Vicat operates several cement plants, concrete plants, and quarries worldwide. The group is also active in specialty chemicals, transport and engineering, and pre-cast concrete products. It currently employs a total 5700 in France, the United States, Turkey, Senegal, Switzerland, Egypt and Italy.