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
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 the Far East, compensated the lesser performance in Turkey and Egypt, caused by social-political tension in the area, as well as the negative impact of devaluation of some foreign currencies.
