Italian concrete manufacturer Barbetti, part of the Cementerie Aldo Barbetti (CAB) cement group, posted a loss of about €7.8 million in 2014 from a €93.6 million loss posted in the previous year.
Revenues fell to €60.2 million from €63.4 million, while EBITDA dropped to €3.8 million from €7.5 million.
Sales revenues also fell by about €9.5 million to about €48.4 million, while net assets dropped to €17.6 million from €25.5 million.
Following the sale of its Turkish subsidiary, Cimko Cimento, the c