Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last €6.39 EUR
Change Today -0.05 / -0.78%
Volume 857.6K
IT On Other Exchanges
Symbol
Exchange
BrsaItaliana
OTC US
OTC US
Frankfurt
As of 11:30 AM 04/30/15 All times are local (Market data is delayed by at least 15 minutes).

italcementi spa (IT) Snapshot

Open
€6.49
Previous Close
€6.44
Day High
€6.50
Day Low
€6.27
52 Week High
05/5/14 - €7.61
52 Week Low
11/17/14 - €4.05
Market Cap
2.2B
Average Volume 10 Days
1.0M
EPS TTM
€-0.35
Shares Outstanding
349.3M
EX-Date
05/18/15
P/E TM
--
Dividend
€0.09
Dividend Yield
0.82%
Current Stock Chart for ITALCEMENTI SPA (IT)

Related News

No related news articles were found.

italcementi spa (IT) Related Businessweek News

No Related Businessweek News Found

italcementi spa (IT) Details

Italcementi S.p.A. produces and sells cement and clinker, ready mixed concrete, and aggregates. It also engages in the hydraulic binders business. In addition, the company offers materials for the construction industry, as well as is involved in transport, energy, e-business, and engineering operations. It operates in Europe, Asia, North America, North Africa, and the Middle East. The company was founded in 1864 and is based in Bergamo, Italy.

17,519 Employees
Last Reported Date: 03/26/15
Founded in 1864

italcementi spa (IT) Top Compensated Officers

Chief Executive Officer, Director, Member of ...
Total Annual Compensation: €2.1M
Chief Operating Officer and Managing Director
Total Annual Compensation: €613.5K
Executive Deputy Chairman and Member of Execu...
Total Annual Compensation: €225.0K
Manager of Financial Reports
Total Annual Compensation: €440.3K
Compensation as of Fiscal Year 2014.

italcementi spa (IT) Key Developments

International Cement Companies Reportedly Mulls Acquisition Of Reliance Cement

HeidelbergCement AG (DB:HEI) and Italcementi SpA (BIT:IT) reportedly mulls acquisition of Reliance Cement from Reliance Infrastructure Ltd (BSE:500390). Reliance Infrastructure, part of the Anil Ambani-led Reliance Group, has decided to monetise its cement business to fund the acquisition of Pipavav Defence and Offshore Engineering. Reliance Cement, a fully-owned subsidiary of Reliance Infra, is in talks with two international cement companies, Heidelberg and Italcementi, and has offered a 50% staek in the company. The prospective joint venture partner will also fund the company's cement capacity expansion - estimated to rise from five million tonnes per annum (mtpa) to 15 mtpa by 2018. Details of the valuation of the possible deal aren't known. When contacted, a Reliance Infrastructure spokesperson declined to comment on the issue. Reliance Infra will also make a mandatory open offer to acquire 26 per cent stake from the public shareholders of the company for INR 12.6 Billion, at INR 66 a share, in line with the Securities and Exchange Board of India's takeover regulations.

Italcementi SpA Presents at Credit Agricole 8th Annual Global High Yield Conference, Mar-11-2015

Italcementi SpA Presents at Credit Agricole 8th Annual Global High Yield Conference, Mar-11-2015 . Venue: London, United Kingdom.

Italcementi Group Proposes Dividend for the Year 2014, Payable on May 20, 2015; Reports Consolidated and Company Earnings Results for the Year Ended December 31, 2014; Provides Earnings Guidance for the Year 2015

Italcementi board will ask the shareholders to approve distribution of a dividend of EUR 0.09 per ordinary share (EUR 0.06 for financial year 2013), with the full amount to be withdrawn from the extraordinary reserve. The payment date will be May 20, 2015, ex-dividend date is May 18, 2015, record date is May 19, 2015. The company reported consolidated and company earnings results for the year ended December 31, 2014. For the year, on consolidated basis, the company reported revenue of EUR 4,155,641,000 against EUR 4,231,629,000 a year ago. Recurring EBITDA was EUR 649,139,000 against EUR 629,248,000 a year ago. EBITDA was EUR 644,173,000 against EUR 616,243,000 a year ago. EBIT was EUR 226,706,000 against EUR 159,369,000 a year ago. Profit before tax was EUR 72,360,000 against EUR 27,739,000 a year ago. Loss relating to continuing operations was EUR 48,932,000 against EUR 88,211,000 a year ago. Loss for the year attributable to owners of the parent was EUR 107,131,000 or EUR 0.355 per basic and diluted share against EUR 165,042,000 or EUR 0.604 per basic and diluted share a year ago. Net debt at end of year was EUR 2,156.7 million against EUR 1,934.0 million a year ago. Total capital expenditure was EUR 522.8 million against EUR 339.5 million a year ago. Total cash flow from operating activities was EUR 390.8 million against EUR 436.4 million a year ago. For the year, on company basis, the company reported revenue 436,532,485,000 against EUR 461,918,476,000 a year ago. Recurring EBITDA was EUR 13,203,789,000 against recurring LBITDA of EUR 14,232,915,000 a year ago. EBITDA was EUR 20,823,360,000 against LBITDA of EUR 14,041,258,000 a year ago. LBIT was 56,090,965,000 against EUR 102,497,556,000 a year ago. Loss before tax was EUR 59,523,322,000 against EUR 109,939,450,000 a year ago. Loss for the year was EUR 54,025,014,000 against EUR 115,225,699,000 a year ago. For the year 2015, in the areas in which the Group operates will see a recovery in North America and Asia, growth in the volume of demand in Egypt and relative stability in demand in Mediterranean Europe, although the market will weaken in France. In this scenario, higher sales volumes and good sales price levels will support an upturn in margins, in addition to the positive effect on results of the appreciation of foreign currencies against the euro and the reduction in energy costs since the beginning of the year. Nevertheless, performance forecasts on some key markets continue to reflect elements of volatility. Group recurring EBITDA will also benefit from the positive effect of marketing initiatives and innovation, the efficiency improvements arising from the production start-up of the new cement plants, the diversification of energy sources, greater use of production capacity in Egypt and the continuing rationalization of Group fixed and structural costs. Recurring EBITDA is expected to rise slightly from the 2014 figure. The Group net financial position should be slightly higher than in 2014, in part owing to the weakness of the euro; nevertheless, year-end leverage is expected not to be higher than at the end of 2014.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
IT:IM €6.39 EUR -0.05

IT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Boral Ltd A$6.30 AUD -0.03
Buzzi Unicem SpA €14.43 EUR +0.09
Grafton Group PLC 822.00 GBp -2.00
Vicat €64.22 EUR +0.62
Wienerberger AG €14.50 EUR +0.035
View Industry Companies
 

Industry Analysis

IT

Industry Average

Valuation IT Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.5x
Price/Book 0.7x
Price/Cash Flow 6.9x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ITALCEMENTI SPA, please visit www.italcementigroup.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.