Vicat - May 2017
Vicat's first-quarter turnover eased by 0.5 per cent to EUR551m, which represents an underlying advance of 1.4 per cent. The cement turnover declined by three per cent to EUR283m, as cement shipments advanced by 1.2 per cent to 4.89Mt. Before inter-sector eliminations, the cement turnover amounted to EUR335m. The turnover in concrete and aggregates was three per cent ahead at EUR204m, which represents an underlying decline of 2.5 per cent, as aggregates shipments rose by 3.7 per cent to 5.01Mt while ready-mixed concrete deliveries eased by two per cent to 1.85Mm³. Other products and services generated an unchanged turnover at EUR65m and at the consolidated level there was a 0.9 per cent reduction. The net debt ratio declined from 46 to 40 per cent of shareholders' funds.
