Italy: Buzzi Unicem’s cement sales have risen by 1.2% year-on-year to 19.5Mt for the first nine months of 2016 from 19.3Mt in the same period of 2015. Its total net sales rose slightly to Euro2bn and its earnings before interest, taxation depreciation and amortisation (EBITDA) rose by 18.3% to Euro416m from Euro352m. It reported improved demand in Central Europe, Poland and Ukraine but that the US was affected by poor weather. Elsewhere, it said that the recession in Russia has lessened although its sales have continued to decline.
Buzzi Unicem sees cement sales rise slightly so far in 2016
Written by Global Cement staff
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