France: Vicat’s results for the first half of 2024 showed a turnover of €1.94bn, up by 1.3% compared to the same period in 2023. Earnings before interest, taxation, depreciation and amortisation (EBITDA) for the period increased by 12% year-on-year. The group expects 3 – 8% growth in full-year EBITDA in 2024. Despite an unfavourable exchange rate effect, mainly due to the depreciation of the Turkish and Egyptian Pounds against the Euro, consolidated net income rose by 5% year-on-year to €115m.
Vicat reports growth in first-half financial results
Written by Global Cement staff
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