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News Buzzi Unicem reports sales growth as Italian market recovers

Buzzi Unicem reports sales growth as Italian market recovers

Written by Global Cement staff 04 August 2021
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Italy: Buzzi Unicem’s net sales grew by 5.8% year-on-year to Euro1.61bn in the first half of 2021 from Euro1.52bn in the same period of 2020. Its sales volumes of cement and clinker rose by 10.9% to 14.8Mt from 13.4Mt. Earnings before interest, taxation, depreciation and amortisation (EBITDA) increased by 12.3% to Euro352m from Euro314m. The group reported cement sales volumes growth in all territories with the exception of Poland, and Germany to a lesser extent. It also noted growth in ready-mixed concrete sales volumes of 7% to 5.8Mm3 with development in Italy, Poland and Ukraine more than compensating for ‘unfavourable’ changes in the US, Germany and the Czech Republic.

Published in Global Cement News
Tagged under
  • Italy
  • Buzzi
  • Results
  • Poland
  • Germany
  • concrete
  • Ukraine
  • US
  • Czech Republic
  • GCW517
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