Analysts at Nomura have lowered the share price target on Italian cement maker Buzzi Unicem to EUR12.50 from EUR14.

Last week Buzzi Unicem reported that its turnover declined by 24.1% last year to €2,671.8m.  EBITDA fell by 41.3% to €541.7m and the trading profit was down by 53.7% to €323.0m.
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