Despite the fall in income in 2012,
The French building materials group posted consolidated net income down 23.4% to €148 million in 2012, the result of weak activity affecting its cement business as well as its concrete and aggregates arms both in France and in Egypt.
EBITDA fell 10.9% to €437 million with an EBITDA margin down from 21.7% in 2011 to 19.1% in 2012. Consolidated sales rose 1.2% to €2.29 billion.
For 2013 the group wants to maximise cash flow to keep reducing its debt, before considering the next phase of its international development strategy.
