Cementir increases profit and reduces debt
Cementir Holding's turnover in 2014 declined by 4.1 per cent to EUR948m, but at constant currencies there would have been a 5.3 per cent increase. The EBITDA, however, improved ...
Italy
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Cementir Holding plans rights issue, Italy
Cementir Holding is to ask it shareholders to approve a rights issue of up to EUR300m, the Italian cement major has said. The board is calling an extraordinary shareholders’ mee...
Euromecc completes installation of Catania cement distribution terminal
Euromecc Srl has completed the installation of a new storage and distribution terminal at the port of Catania, Sicily, for cement distributor Cata Beton. The turnkey project inc...
Italy’s Competition & Market Authority awards three-star legality rating to Italcementi
Italy’s competition and market authority, AGCM (Autorità Garante della Concorrenza e del Mercato), has awarded Italcementi a top three-star legality rating. The Legality Rating ...
Cementir boosts pretax profit
Cementir's turnover for the first nine months of 2014 declined by 3.7 per cent to EUR714.7m as the Turkish and Egyptian currencies declined against the euro and Italian volumes ...
Italcementi reduces nine-month loss
Italcementi's turnover declined by 3.1 per cent to €3,217.5m in the first nine months the year and the running EBITDA eased by 0.6 per cent to €469.3m. Very substantially lower ...
Buzzi Unicem's US profits grow
Buzzi Unicem's turnover for the first nine months edged ahead by 0.2 per cent to EUR1898.7m while EBITDA improved by 10.8 per cent to EUR302.5m.
Berenberg upgrades Italcementi
Analysts at Berenberg bank have upgraded its recommendation on Italian cement major Italcement's stock to 'buy' from 'sell' with a target price of EUR6.30. Berenberg said the pl...
Buzzi Unicem: Italy still declining
Buzzi Unicem's first half turnover improved by 2.7 per cent to EUR1180.7m and the EBITDA rose by 27.7 per cent to EUR138.5m.
Moody's upgrades Italcementi outlook
Moody's has confirmed Italcementi's Ba3 rating and upgraded the company's outlook from 'stable' to 'positive' following the successful conclusion of the Italian cement major's '...