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Italcementi posts net profits of €71.30 million in 2009, down on the 2008 figure

Net profits fall at Italcementi

Italian cement group Italcementi posted net profits of €71.30 million in 2009, down on the €142.5 million in 2008.

The gross operating profits decreased to €956.7 million from €1.1 billion; the revenues decreased by 13.3% to €5 billion and the gross operating margin on revenues reached 19.1%.

The net debts were down to € .42 billion from € .68 billion.

Published 09/03/2010