Follow us on Twitter      

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


Wisconsin's frac sand industry booms

Wisconsin was the leading producer of frac sand in 2014, accounting for nearly half of the nation's production of the white sand coveted by the hydraulic fracturing industry, new statistics released this week show. More

Video: Bare Essentials of Concrete Pt1

Video: Concrete expert Professor Nick Buenfeld introduces viewers to concrete More

Advertise Here