Cementir's growth impeded by the strong euro

Cementir's growth impeded by the strong euro
Published: 30 July 2014

Tagged Under: Italy Results Cementir 

Cementir's turnover emerged just 0.1 per cent ahead at EUR472.8m in first half of the year, as the improvement in Denmark and Norway was offset by currency weakness and the continuing decline in Italy. EBITDA, however, rose by 26.4 per cent to EUR78.4m and was helped by a 7.8 per cent reduction in depreciation and similar charges.









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