Italy’s Cementir Holding sees revenues increase in 2013

Cementir Holding, the company behind Cementir, the Italian cement and construction materials group, saw its gross operating margins increase by 22.9% year-on-year in 2013 to €169.70 million. Revenues increased by 1.3% to €988.6 million and the company's net debt fell €48.1 million to €324.9 million. Sales of cement and clinker fell by 1% in 2013 from 9.8 million tonnes to 9.7 million tonnes due to a decline in the Italian market and a drop in exports to Egypt. Exports to Turkey and China increased and
February 10, 2014 Read time: 1 min

RSSCementir Holding, the company behind 1909 Cementir, the Italian cement and construction materials group, saw its gross operating margins increase by 22.9% year-on-year in 2013 to €169.70 million.

Revenues increased by 1.3% to €988.6 million and the company's net debt fell €48.1 million to €324.9 million.

Sales of cement and clinker fell by 1% in 2013 from 9.8 million tonnes to 9.7 million tonnes due to a decline in the Italian market and a drop in exports to Egypt. Exports to Turkey and China increased and the Danish market remained stable. Net debt fell below €350 million.

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Cementir's 2015 EBITDA above target at €194.4mn

Cementir Holding, the Italian cement and construction materials specialist, has approved its 2015 preliminary results.

The company has achieved an EBITDA of €194.40 million, up by 1.3% and above the €190 million target; operating profits of €98.5 million, down by 5.3%, and revenues of €969 million, up by 2.2%.

Net debts were also on target at €222.1 million, down by €56.2 million to €278.3 million. Improvements in Italy and in the Scandinavian countries, together with the constant contribution from th

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