Vicat - February 2018

Vicat’s turnover improved by 4.5 per cent in 2017 to EUR2563.5m while EBITDA eased by three per cent to EUR444.2m, while at unchanged exchange rates and other parameters the changes would have been +6.4 and -3.4 per cent, respectively. The trading profit declined by 4.1 per cent to EUR247.2m, with the fall at unchanged parameters being 5.9 per cent. The net financial charge was 26.85 per cent or EUR9.9m lower at EUR28.2m and after a reduction in the contribution from associates from EUR13.7m to EUR5.6m, the pretax profit came off by 13 per cent to EUR209.1m. After a 20.3 per cent lower tax charge of EUR53.2m and a 46.9 per cent lower minorities charge of EUR13.7m, the net attributable profit emerged 2.2 per cent ahead at EUR142.2m. 

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