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
November 17, 2015 Read time: 1 min

1451 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 about €450 million from €405 million in 2014.

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 about €450 million from €405 million in 2014.

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