Italy: Buzzi Unicem’s sales have risen by 1.9% year-on-year to Euro1.26bn in the first half of 2016 from Euro1.24bn in the same period in 2015. Its cement sales volumes rose by 2.7% to 12.2Mt from 11.9Mt and its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 33.5% to Euro223m from Euro167m. The group attributed the gains to sales volumes increases in all markets except Italy and Russia. Sales increases were particularly notable in the US and Poland.
Buzzi Unicem makes gains in first half of 2016
Written by Global Cement staff
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