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News Buzzi reports financial results for first half of 2024

Buzzi reports financial results for first half of 2024

Written by Global Cement staff 05 August 2024
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Italy: Buzzi has disclosed its financial results for the first half of 2024. It reported a decrease in cement sales volumes by 8%, mainly due to weak demand in Central Europe and increased rainfall in Italy and the US. Despite this, the company achieved a consolidated turnover of €2.05bn, down by 4.5%. After taxes, the net profit stood at €422m, a 2.1% decrease from €431m in the first half of 2023. The net financial position closed at €898m, compared to €798m at the end of 2023.

Last modified on 07 August 2024
Published in Global Cement News
Tagged under
  • Italy
  • Buzzi
  • Results
  • GCW671

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