Vicat - February 2015

Vicat's turnover improved by 6.0 per cent in 2014 to EUR2423m, which translates into an underlying increase of eight per cent on a like-for-like basis. Turnover in cement advanced by 13.7 per cent to EUR1261m, or EUR1483m before deducting inter-group transfers. Aggregates and concrete sales declined by 1.8 per cent to EUR860m, while other activities saw turnover edging ahead by 0.3 per cent to EUR301m. Cement accounted for 53.7 per cent of turnover, up from the 50.6 per cent shown in the previous year. The concrete and aggregates share declined from 34.2 per cent to 31.9 per cent while other activities accounted for 14.4 per cent, down from 15.2 per cent. Group cement deliveries rose by 13.7 per cent to 20.53Mt, but aggregates shipments declined by 6.8 per cent to 21.22Mt and ready-mixed concrete deliveries were off by three per cent to 8.27Mm³.

To continue reading this story and have 100% free access to the website, please Register for a subscription to International Cement Review or Login