France’s Vicat posts 2015 turnover of €2.46bn

French group 684 Vicat has posted a turnover of €575 million in the fourth-quarter of 2015, stable compared to the previous year, but down by 1.6% on a constant change and currency basis. Operating turnover was up by 1.1% on a nominal basis and down by 0.4% on an organic basis, with cement activity seeing a 4.6% decline on an organic basis.

The concrete and aggregates activities saw organic revenue grow by 5.3% (+9.2% nominally), while revenue from other activity was up by 3.1% (5.1% nominally).

Its French activity returned to growth in the fourth-quarter of 2015, boosted by a stable construction market and weather conditions.

For the whole of 2015, nominal turnover was up by 1.5% to €2.46 billion, with this being a 4.4% decline on an organic basis.

Cement activity was down by 0.4% to €1.26 billion (-5.9% on an organic basis); concrete and aggregates activity was up by 3.7% to €892 million (-2.8% on an organic basis), and other activity was up by 2.9% to €310 million (-2.6% on an organic basis).

The group's performance was weaker in West Africa, the Middle East and Europe, while activity was stronger in the US and Asia.