Italy’s Buzzi Unicem unveils 2015 results

Italian cement manufacturer Buzzi Unicem reported a 6.2% year-on-year increase in its turnover to €2.66 billion in 2015. EBITDA rose 11.9% to €473.2 million, while recurring EBITDA grew 18.3% to €478.8 million. In addition, net profit grew 6.3% to €128.1 million, while net debt reached €1.03 billion from €1.06 billion. In the same year, the company saw an 1.7% increase in sales of cement to 25.6 million tonnes. For 2016 the company expects to post a slight increase in its consolidated recurring
March 30, 2016 Read time: 1 min

Italian cement manufacturer 1451 Buzzi Unicem reported a 6.2% year-on-year increase in its turnover to €2.66 billion in 2015.

EBITDA rose 11.9% to €473.2 million, while recurring EBITDA grew 18.3% to €478.8 million.

In addition, net profit grew 6.3% to €128.1 million, while net debt reached €1.03 billion from €1.06 billion.

In the same year, the company saw an 1.7% increase in sales of cement to 25.6 million tonnes.

For 2016 the company expects to post a slight increase in its consolidated recurring EBITDA as compared to 2015.

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