Board of Directors examines preliminary consolidated results for 2016
The Board of Directors has examined the preliminary consolidated results for 2016, which include the change in the scope of consolidation relating to the acquisition of Sacci and Compagnie des Ciments Belges
- Revenues: EUR 1,027.6 million (EUR 969.0 million at 31 December 2015), up 6.0% (stable on like-for-like basis)
- EBITDA: EUR 197.8 million (EUR 194.0 million at 31 December 2015). Like-for-like EBITDA was EUR 177.0 million.
- Net financial debt at EUR 562.4 million (EUR 222.1 million at 31 December 2015), due to outlays for the acquisitions of Sacci and Compagnie des Ciments Belges (totalling about EUR 435 million)
- Forecasts for 2017
Rome, 13 February 2017 – The Board of Directors of Cementir Holding SpA, chaired by Francesco Caltagirone Jr., has examined the preliminary consolidated results at 31 December 2016. The complete, definitive results for 2016 are currently being reviewed by the audit firm and will be examined and approved by the Board of Directors at its meeting scheduled for 3 March.
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