Italy’s Cementir Holding sees revenues increase in 2013

Cementir Holding, the company behind Cementir, the Italian cement and construction materials group, saw its gross operating margins increase by 22.9% year-on-year in 2013 to €169.70 million. Revenues increased by 1.3% to €988.6 million and the company's net debt fell €48.1 million to €324.9 million. Sales of cement and clinker fell by 1% in 2013 from 9.8 million tonnes to 9.7 million tonnes due to a decline in the Italian market and a drop in exports to Egypt. Exports to Turkey and China increased and
February 10, 2014

RSSCementir Holding, the company behind 1909 Cementir, the Italian cement and construction materials group, saw its gross operating margins increase by 22.9% year-on-year in 2013 to €169.70 million.

Revenues increased by 1.3% to €988.6 million and the company's net debt fell €48.1 million to €324.9 million.

Sales of cement and clinker fell by 1% in 2013 from 9.8 million tonnes to 9.7 million tonnes due to a decline in the Italian market and a drop in exports to Egypt. Exports to Turkey and China increased and the Danish market remained stable. Net debt fell below €350 million.

For more information on companies in this article
Cementir
boombox1
boombox2
boombox3
miniboombox1
miniboombox2