Italy: Cementir said that its first half results for 2025 were ‘in line’ with management expectations. The group reported revenues of €797m, a 1.9% year-on-year all compared to the same period of 2024. Its profit for the six-month period was €73.5m, a 24.2% fall.
The company reported higher revenues in its Nordic & Baltic region, as well as in Türkiye and Malaysia, although it faced foreign exchange related headwinds in Türkiye and Egypt. Cement sales volumes were broadly stable thanks, the company said, to growth in Türkiye, its Nordic & Baltic region and Malaysia. There was a decline in volumes sold in all its other regions.
The company said that its first half performance was impacted by a fire in the alternative fuel feeding system at its Gaurain plant in Belgium and technical issues during the restart of the second production line in Egypt, which led to a delay in restarting shipments.