Vicat - February 2017

Vicat’s turnover eased by 0.2 per cent in 2016 to EUR2453.8m while EBITDA was up by the 3.2 per cent to EUR458m, while at unchanged exchange rates and other parameters there would have been increases of 4.1 per cent and eight per cent, respectively. The trading profit improved by five per cent to EUR258m, with the increase at unchanged parameters being 9.6 per cent. The net financial charge was EUR10.1m lower at EUR38.1m and after an increase in the contribution from associates from EUR4.9m to EUR13.7m, the pretax profit improved by 14.9 per cent to EUR231.5m. After a 7.6 per cent higher tax charge of EUR66.7m and a 21.3 per cent higher minorities charge of EUR25.7m, the net attributable profit emerged 17.6 per cent higher at EUR139.1m.

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