Vicat


Vicat's 1Q18 turnover showed 3.9 per cent improvement to EUR573m, which represents an underlying advance of 10.8 per cent at constant parameters and exchange rates. The cement turnover grew by 2.5 per cent to EUR290m, as cement shipments advanced by 6.5 per cent to 5.21Mt. Before inter-sector eliminations, the cement turnover amounted to EUR342m, a two per cent improvement. The turnover in concrete and aggregates was 2.9 per cent ahead at EUR215m, which represents an underlying recovery of nine per cent, as aggregates shipments improved by 3.6 per cent to 5.19Mt while ready-mixed concrete deliveries were ahead by 9.4 per cent to 2.02Mm³. Other products and services generated a turnover 11.7 per cent ahead at EUR72m. The net debt ratio eased from 40 to 39 per cent of shareholders' funds.

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