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Ciments Français forecasts fall

France-based Italcementi subsidiary Ciments Français has said that it expects a further drop in EBITDA in the last quarter of this year to be in line with the decline seen in the first nine months of the year. Revenues in the first nine months were down 1.3% on the same period in 2009 at €3.2billion. The two main business segments dropped by 1.9% including cement with sales of €2.20billion, while the contribution of aggregates and ready mixed concrete was down to €835.8million.
March 29, 2012 Read time: 1 min

France-based 726 Italcementi subsidiary 1508 Ciments Francais has said that it expects a further drop in EBITDA in the last quarter of this year to be in line with the decline seen in the first nine months of the year.

Revenues in the first nine months were down 1.3% on the same period in 2009 at €3.2billion. The two main business segments dropped by 1.9% including cement with sales of €2.20billion, while the contribution of aggregates and ready mixed concrete was down to €835.8million.

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