Ciments Français forecasts fall
First publishedon www.AggBusiness.com
France-based Italcementi subsidiary Ciments Francais has said that it expects a further drop in EBITDA in the last quarter of this year to be in line with the decline seen in the first nine months of the year.
Revenues in the first nine months were down 1.3% on the same period in 2009 at €3.2billion. The two main business segments dropped by 1.9% including cement with sales of €2.20billion, while the contribution of aggregates and ready mixed concrete was down to €835.8million.