Italy: Buzzi Unicem recorded consolidated sales of Euro4bn in 2022, up by 16% year-on-year from 2021 levels. The producer's earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 22% year-on-year to Euro288m. The earnings figure is 33% higher than Buzzi Unicem's previous full-year 2022 EBITDA forecast of Euro216m.
Buzzi Unicem said that group cement sales fell by 9.2% to 28.3Mt, and volumes contracted in Italy, Eastern Europe and the US. The producer noted logistical issues disrupting sales in the US.
