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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Buzzi Unicem

Buzzi Unicem posts €120.3 million net profit

Buzzi Unicem, the Italian building materials manufacturer, posted a 5.2% year-on-year increase in its revenues to almost €2 billion (US$2.15 billion) in the first nine months of 2015.

Net profit reached €120.3 million from €55.4 million, while sales of clinker and cement rose 1.3% to €19.2 million, performing particularly well in Czech Republic, Poland, US and Russia.

At the same time, sales of packaged concrete dropped 2.3% to 8.9 million m³.

For 2015, the company expects to post an EBITDA of abou

March 27, 2012

Buzzi Unicem: turnover rises, profits fall

Italian construction material specialist Buzzi Unicem has posted a 9.1% year-on-year increase in turnover to €1.34 billion in the first half of 2011. However, the company’s net profits fell by 29.8% to €11.9 million, with EBITDA down 3.2% to €183.1 million. The drop in profitability has been attributed to high production costs and poor price levels. Buzzi Unicem's debts increased to €1.26 billion.