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The solid financial performance achieved in 2009 will help Vicat reinforce its independence, CEO Guy Sidos said.

Vicat does not discard acquisitions

The solid financial performance achieved in 2009 (gearing was down again, to 31.4%) will help Vicat reinforce its independence, CEO Guy Sidos announced in a Reuters interview.

The family-owned company could also take advantage of this successful performance to finance acquisitions, especially since prices in the cement sector are becoming "reasonable."

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Published 15/03/2010