Italy: Buzzi reported a net profit of €967m in 2023, more than doubling from €459m in the previous year. The company's consolidated revenue rose by 8.1% to €4.3bn, despite a fall in cement and concrete sales volumes of 7% and 12.7% respectively. Earnings before interest, taxation, depreciation and amortisation (EBITDA) reached €1.2bn, marking a 40.7% year-on-year increase.
Buzzi reveals 2023 financial results
Written by Global Cement staff
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