Buzzi Unicem Full Year 2017 results
In 2017 Buzzi Unicem group sold 26.8Mt of cement (+4.4 per cent compared to 2016) and 12.3Mm 3 of ready-mix concrete (+3 per cent YoY). Consolidated net sales increased by 5.1 p...
Italy
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Cementir announces 13% EBITDA rise in 2018
Cementir reported a 10.9 per cent increase in revenues to EUR1.14bn in 2017 from 1.028bn in 2016. EBITDA advanced by 12.6 per cent to EUR222.7m while net profit edged up 6.2 per...
Cementir boosted by full-year results from Belgium
Cementir Holding's turnover in 2017 increased by 25.3 per cent to EUR1287.5m and EBITDA was ahead by 11.5 per cent to 220.5m. As regards the continuing business, the turnover ad...
Buzzi Unicem expects to report EBITDA close to EUR580m
Buzzi Unicem's turnover in 2017 improved by 5.1 per cent in 2017 to EUR2806m, with a like-for-like improvement of 3.7 per cent after adjusting for the acquisition of Zillo and c...
HeidelbergCement on path to consolidate Italian market
HeidelbergCement's acquisition of Cementir Italy via its Italcementi subsidiary will make HeidelbergCement the
Italy's Antitrust Authority approves Cementir Italia sale
The Italian Antitrust Authority (AGCM) has approved the sale of Cementir Italia and its subsidiaries Cementir Sacci SpA and Betontir SpA to Italcementi.
Buzzi Unicem reports good performance in Russia, Czech Republic and Italy
Buzzi Unicem's turnover for the first nine months was 6.7 per cent higher at EUR2133.4m, but no EBITDA or other profit numbers have been given this time. Net debt at the end of ...
Cementir Holding sees a 32% increase in revenue for 3Q17
Italy-based Cementir Holding reported a revenue of EUR332.4m (US$385.4m) in the third quarter of 2017, reflecting a YoY increase of 32.1 per cent YoY.
Fixing Italy's broken market - consolidation is the key
Like Spain, Italy's cement market collapsed dramatically after the global financial crisis, with cement consumption falling to just 18Mt in 2016 from the 2006 peak of 47Mt. Sinc...
Italian producers to appeal watchdog decision
Buzzi Unicem, Italcementi and Cementir have been fined by the Italian Competition Authority following a probe into the existence of alleged anti-competitive practices in the dom...