Italy’s Italmobiliare posts €2.20 billion revenues in H1/2014

Italmobiliare, the Italian investment holding that controls building materials company Italcementi, posted a 3.9% year-on-year drop in its consolidated revenues to €2.2 billion in the first half of 2014. Its EBITDA grew 10.3% to €325.9 million while its pre-tax profit reached €14.1 million from a €23.2 million pre-tax loss. Its net worth equalled €74 million from €146.6 million at the end of 2013.
August 13, 2014 Read time: 1 min

2842 Italmobiliare, the Italian investment holding that controls building materials company 726 Italcementi, posted a 3.9% year-on-year drop in its consolidated revenues to  €2.2 billion  in the first half of 2014.

Its EBITDA grew 10.3% to  €325.9 million while its pre-tax profit reached  €14.1 million from a  €23.2 million pre-tax loss. Its net worth equalled  €74 million from  €146.6 million at the end of 2013.

For more information on companies in this article

Related Content

August 1, 2014

Financing costs rise hits Italcementi H1 2014 turnover

A sharp rise in financing costs is said to be behind Italcementi's turnover decline of 6% to €2.048.4 billion in H1 2014. The running Ebitda improved by 2.2% to €304.8 million helped by a 6.2% reduction in the amortisation and depreciation charge, while the trading profit improved by 27.7% to €99.8 million.

The 66.5% hike in financing costs, largely related to interest rate derivatives and derivatives on CO2 hedging, is said to have led to a net financial charge of €75.1 million. After contribution fro

April 2, 2015

Italy’s Buzzi Unicem posts €120.5mn net profit in 2014

Buzzi Unicem, the Italian building materials manufacturer, posted a €120.50 million net profit in 2014 from a €43.2 million loss posted in 2013.

Revenues fell 0.1% to €2.51 billion, while EBITDA grew 4.8% to €423 million and by 10.2% at current exchange rates on a like-for-like basis.

The company's net debt dropped by €34.5 million to € 1.06 billion, while Buzzi Unicem's parent company registered a €36.6 million net loss from a €119.6 million loss posted in the previous year.

July 28, 2014

Italian marble exports worth €574.5mn Jan-Apr 2014

The Italian marble sector is showing continued success with exports of processed and unhewn products worth €574.5 million during the first four months of 2014, up 5.3% in value compared to the same period in 2013.

boombox1

Highlighted Content

boombox2