Lafarge's first-quarter turnover improved by 4.6% to €3353m, having advanced by 8.6% in the comparable period last year, and the EBITDA improved by 7.7% to €516m, while the running profit advanced by 28.4% to €267m. Net financial costs increased by 29.4% to €238m and the re-defined pre-tax loss having risen from €7m to €40m, with the net attributable loss rising by 51.7% to €44m. Net debt at the end of March was 13.2% lower at €12,364m, giving a gearing level of 78.4%. Development capital expenditure was reduced by a further 35.8% to €188m, but maintenance capital spending was an adjusted €1m higher at €51m.

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