Italian building materials group Italcementi has posted a loss of €362.4 million for 2012, down from a profit of €91.2 million in 2011. This is entirely the result of €475 million in write-downs and is the highest net loss in the company's history. The company’s EBITDA fell by 9.8% to €632 million, while its turnover dropped 3.8% to €4.48 billion. Falls were recorded in Belgium, France, Spain, Morocco and Bulgaria, while the group's results improved in India, Thailand and North America. The group's investme