Vicat sales up

Vicat achieved a 12.5% rise in consolidated sales in 2011, according to new figures published by the French building materials group. Expansion in Kazakhstan and India, solid financial position, and benefits of the Performance 2010 plan will, claim Vicat, help continue its growth strategy in 2012. However, the Group say the outlook is not so bright in a number of other markets including Egypt, the US, Italy and France.

Vicat has revealed that its 2011 turnover rose by 12.5% to €2.26billion, compared to the previous 12 months.

The Vicat Group has finalised its acquisition of Brazilian cement manufacturer and quarry operator Cimento Planalto (Ciplan).

French-based cement, concrete and aggregates group Vicat previously signed a binding agreement with Ciplan's shareholders in October 2018. Following the completion of the transaction it now holds a majority stake of 64.74% in Ciplan.

Ciplan operates a modern plant in the vicinity of Brasilia with a total installed cement capacity of 3.2 million tonnes per year. The company also