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.
April 2, 2015 Read time: 1 min

1451 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.

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