Italcementi posts 3.5% increase in revenues in 2015

Italian cement manufacturer Italcementi registered a 3.5% year-on-year increase in consolidated revenues to €4.30 billion (US$ 4.84 billion) in 2015. At the same time, EBITDA fell to €636.3 million from €656.4 million, and operating profit fell to €148.4 million from €234 million. Net loss reached €69.3 million from €48.9 million, while operating cash flow improved by about €218 million. At the same time, net debt equalled €2.17 billion from €2.16 billion. The company announced that it is not

Quarry Products / February 22, 2016

Italian cement manufacturer 726 Italcementi registered a 3.5% year-on-year increase in consolidated revenues to €4.30 billion (US$ 4.84 billion) in 2015.

At the same time, EBITDA fell to €636.3 million from €656.4 million, and operating profit fell to €148.4 million from €234 million.

Net loss reached €69.3 million from €48.9 million, while operating cash flow improved by about €218 million.

At the same time, net debt equalled €2.17 billion from €2.16 billion.

The company announced that it is not to distribute any dividends for 2015, and that it expects to increase its operating margins for 2016.

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