Latest News


Keyword Search

RegionB

Europe / Middle East / Africa

Buzzi Unicem boosted by strong Dyckerhoff advance

Apr, 02 2012


(Italy) -- On a turnover that advanced by 5.2% to €2787.4m, Buzzi Unicem’s underlying EBITDA improved by 6.0% to €422.3m. With the non-recurrence of the exceptional charges seen in 2010, the trading profit (EBIT) jumped from €0.3m to 185.9m.

After a net interest charge 3.7% lower at €99.8m a pre-tax profit of €84.3m emerged, an improvement on the previous year’s loss but still well below the €235.2m profit achieved in 2009. Net attributable profit was €26.4m. Net debt at the end of the year was 9.8% lower at €1141.1m, while shareholders’ funds improved by 2.2% to €2844.8m to give a gearing of 40.2%. Volumes improved by 6.2% to 28.2Mt in cement and by 4.8% to 15.1Mm³ in ready-mixed concrete.

Source:

Bookmark and Share
Comments
0 Comment(s)
Add Your Comments


Blue Smoke installs asphalt plant smoke control at BoDean

Blue Smoke Control Division of Butler-Justice, Anaheim, California has completed installation and startup of a full asphalt plant blue smoke control system for removing the blue smoke and odor at BoDean Company, Santa Rosa, California. More

Caroline County sheriff investigates petition backing proposed sand and gravel mine

Police in Bowling Green, Virginia, are investigating a petition supporting a proposed sand and gravel mine in Caroline County. More

Advertise Here