Buzzi Cement see stock market gains of 5%
Buzzi Unicem was the best performer of the FTSE MIB blue-chip index of the Milan Stock Exchange yesterday, trading at more than five per cent higher at EUR16/share, which is t...
Italy
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Honduras: Goldlake invests US$230m in 1.2Mta plant
Italy’s mining company Goldlake will invest US$230m in a new cement plant via its local subsidiary Five Star Mining. The 1.2Mta works in the Agalteca valley will produce sulpha...
Buzzi Unicem: strong growth in America
Buzzi Unicem's first-half turnover improved by 4.9 per cent to EUR1238.2m and EBITDA rose by 20.3 per cent to EUR166.6m. The depreciation and impairment charges came down by 2...
Cementir advances in Denmark and Sweden
Cementir's first quarter turnover eased by 0.9 per cent to EUR204.7m and the EBITDA came off by 1.6 per cent to EUR24.2m, primarily reflecting difficult market conditions in Tu...
Buzzi improves in the USA & central Europe
Buzzi Unicem's first-quarter turnover increased by 3.4 per cent to EUR513.39m and the EBITDA went from a EUR10.26m to EUR27.15m. The loss at the trading level was reduced by 48...
Italcementi advances in India and Morocco
Italcementi's first-quarter turnover improved by 5.1 per cent to EUR980.5m while the running EBITDA eased 0.4 per cent to EUR95.2m. The trading loss was increased by 13 per cen...
Buzzi Unicem's bid for Sacci expires
Buzzi Unicem’s offer to buy Sacci SpA has expired after being rejected by the banks and creditors and the bidder is no longer bound to any commitment, the Italian cement major ...
Cementir full-year expectations in line with 2014
Italian cement major Cementir has confirmed the expectations for a 2015 in line with 2014, chairman and CEO, Francesco Caltagirone Jr, said at the end of the shareholders' meet...
Standard & Poor’s revises Italcementi rating
Standard & Poor’s announced Friday that it has revised the corporate rating of Italcementi SpA, and as a consequence the rating of Italcementi Finance SA’s outstanding unsecure...
Berenberg Bank lifts Italcementi to EUR7.10
Following the announcement of the 2014 figures of Italcementi, Berenberg Bank has increased its price target for the stock of Italcementi to EUR 7.10 from EUR 6.30 per share, b...