Buzzi Unicem forecasted to post 8% turnover increase in Q3/2012

Italian construction materials group Buzzi Unicem is expected to post an 8% increase in its turnover in Q3 2012 to €828 million, and a 21% growth in its EBITDA to €177 million. Equita said it also expected Buzzi Unicem to increase its guidance to at least €455 million from €430 million, due to Q3 performance. Equita also estimates that Buzzi Unicem sales in Italy dropped by 20% in July-September 2012. In the same period, the Group’s sales are estimated to have gone up by 12% in Russia; 8% in Mexico; and by
November 5, 2012

Italian construction materials group 1451 Buzzi Unicem is expected to post an 8% increase in its turnover in Q3 2012 to €828 million, and a 21% growth in its EBITDA to €177 million. Equita said it also expected Buzzi Unicem to increase its guidance to at least €455 million from €430 million, due to Q3 performance.

Equita also estimates that Buzzi Unicem sales in Italy dropped by 20% in July-September 2012. In the same period, the Group’s sales are estimated to have gone up by 12% in Russia; 8% in Mexico; and by 10% in the US.

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