France: Vicat has sold Euro2.06bn-worth of cement in the nine months to 30 September 2019, up by 5.7% year-on-year from Euro1.95bn in the corresponding period of 2018. Its cement section’s sales lagged behind concrete and aggregates, with a rise of 4.5% to Euro991m from Euro948m in the nine months to 30 September 2018. “The Group’s strategy of raising prices is paying off in almost all operating regions, while energy costs fell,” said Vicat Group Chairman and CEO Guy Sidos. He expects exchange rate gains to pay dividends in the final quarter, notably in Turkey.
Vicat releases nine-month sales report
Written by Global Cement staff
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