Vicat - April 2013

Vicat's first-quarter turnover was ahead by 1.2 per cent to €491m, which represents an underlying improvement of 2.7 per cent. The cement turnover was up by 1.8 per cent to €304m, with cement shipments advancing by eight per cent to 4.1Mt. Turnover in concrete and aggregates rose by 6.7 per cent to €181m as aggregates shipments rose by 10.1 per cent to 4.73Mt and ready-mixed concrete deliveries jumped by 21.7 per cent to 1.80Mm³. Other products and services registered a 0.4 per cent increase in turnover to €82m, though at the consolidated level there was an 11.6 per cent reduction. The net debt ratio increased from 46 per cent to 52 per cent of shareholders' funds. Lower volumes in France and in Egypt were more than offset by improved volumes in the USA, Turkey, India and Kazakhstan. Pricing was generally firm, with exception of India and West Africa.


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