Buzzi Unicem reports net sales of EUR2873.5m in 2018

Buzzi Unicem announced consolidated 2018 net sales of EUR2873.5m versus EUR2806.2m in 2017, up 2.4 per cent, while EBITDA stood at EUR577.2m compared to EUR508.2m in 2017.

The group’s net profit amounted to EUR382.1m down from EUR391.6m in 2017. Net debt on 31 December 2018 stood at EUR890.5m, up by EUR28m from EUR862.5m at the end of 2017.

At the shareholders' meeting the Board of Directors authorised a buy-back of a maximum additional 7m ordinary and/or savings share for 18 months up to a maximum amount of EUR200m.