Powtech Technopharm - Your Destination for Processing Technology - 29 - 25.9.2025 Nuremberg, Germany - Learn More
Powtech Technopharm - Your Destination for Processing Technology - 29 - 25.9.2025 Nuremberg, Germany - Learn More
Global Cement
Online condition monitoring experts for proactive and predictive maintenance - DALOG
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Members
  • Live
  • Login
  • Advertise
  • Knowledge Base
  • Alternative Fuels
  • Privacy & Cookie Policy
  • About
  • Trial subscription
  • Contact
News Rising Vicat sales fail to stop earnings slide

Rising Vicat sales fail to stop earnings slide

Written by Global Cement staff 15 February 2023
  • Print

France: Vicat’s full year results for 2022 show a 16.6% year-on-year rise in consolidated sales, from Euro3.12bn to Euro3.12bn. Its earnings before interest, tax, depreciation and amortisation (EBIDTA) came to Euro570m, a 7.9% fall compared to Euro619m in 2021. Its net income for 2022 was Euro156m, a fall of 23.6% year-on-year from Euro204m in 2021.

Commenting on these figures, Guy Sidos, the Group’s chair and chief executive officer, said “In 2022, the Vicat Group demonstrated resilience amid tough conditions. Faced with an unfavourable basis of comparison as a result of the sharp post-Covid rebound in business trends during 2021, a very strong increase in energy costs and non-recurring industrial costs in the US, France and India, we responded rapidly, raising our selling prices significantly across almost all the markets in which we operate to offset the impact of inflation. We have made progress with our policy of lowering our greenhouse gas emissions by harnessing existing solutions and investing in technologies that will enable us to reach our new 2030 targets.”

Published in Global Cement News
Tagged under
  • France
  • VICAT
  • Results
  • GCW595
  • US
  • India
  • coronavirus
  • inflation
  • Sustainability
Flender

Related items

  • Lafarge France signs long-term nuclear power supply deal with EDF
  • Cemex UK partners with The Pallet LOOP for Rugby Cement products
  • JK Cement breaks ground on US$340m greenfield cement plant in Rajasthan
  • India reduces tax on cement to boost infrastructure growth
  • Gebr. Pfeiffer to supply grinding plant for JSW Cement in Rajasthan
back to top
We Move Industries - Heko Group - Conveyor Solutions
“Loesche
Something Powerful is Taking Shape - Stay Tuned - #productlaunch at IFAT India - Fornnax
AirScrape - the new sealing standard for transfer points in conveying systems - ScrapeTec
UNITECR Cancun 2025 - JW Marriott Cancun - October 27 - 30, 2025, Cancun Mexico - Register Now
Acquisition carbon capture Cemex China CO2 concrete coronavirus data decarbonisation Emissions Export Germany Government grinding plant Holcim Import India Investment LafargeHolcim market Pakistan Plant Product Production Results Sales Sustainability UK Upgrade US
« September 2025 »
Mon Tue Wed Thu Fri Sat Sun
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30          



Sign up for FREE to Global Cement Weekly
Global Cement LinkedIn
Global Cement Facebook
Global Cement X
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Members
  • Live
  • Login
  • Advertise
  • Knowledge Base
  • Alternative Fuels
  • Privacy & Cookie Policy
  • About
  • Trial subscription
  • Contact
  • CemFuels Asia
  • Global CemBoards
  • Global CemCCUS
  • Global CementAI
  • Global CemFuels
  • Global Concrete
  • Global FutureCem
  • Global Gypsum
  • Global GypSupply
  • Global Insulation
  • Global Slag
  • Latest issue
  • Articles
  • Editorial programme
  • Contributors
  • Back issues
  • Subscribe
  • Photography
  • Register for free copies
  • The Last Word
  • Global Gypsum
  • Global Slag
  • Global CemFuels
  • Global Concrete
  • Global Insulation
  • Pro Global Media
  • PRoIDS Online
  • LinkedIn
  • Facebook
  • X

© 2025 Pro Global Media Ltd. All rights reserved.