Italy: Cementir Holding’s revenue has risen by 1.8% year-on-year to Euro733m in the first nine months of 2016 from Euro720m. Its sales volumes of grey and white cement grew by 4.6% to 7.28Mt from 6.96Mt. Yet, its profit fell by 24.9% to Euro47.7m from Euro63.6m. It blamed the fall in profit indicators on foreign currency effects and poor markets in Italy and Turkey.
Cementir sales rise but profit falls so far in 2016
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