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buzzi unicem spa (UCM) Snapshot

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03/3/14 - €15.24
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buzzi unicem spa (UCM) Details

Buzzi Unicem SpA, together with its subsidiaries, manufactures, distributes, and sells cement, ready-mix concrete, and aggregates. It has operations in Italy, the United States, Germany, Luxembourg, the Netherlands, Poland, the Czech Republic, Slovakia, Ukraine, Russia, and Mexico. The company was founded in 1907 and is headquartered in Casale Monferrato, Italy.

Founded in 1907

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buzzi unicem spa (UCM) Key Developments

Buzzi Unicem SpA Reports Preliminary Earnings Results for the Full Year Ended of 2014; Provides Earnings Guidance for the Full Year of 2014

Buzzi Unicem SpA reported preliminary earnings results for the full year ended of 2014. Net debt as at December 31, 2014 amounted to EUR 1,063 million, down EUR 34 million over EUR 1,097 million at year-end 2013. The improvement of net financial position was achieved due to cash flow from operations, disposal of non-strategic assets and a careful dividend policy, although the acquisition of the full cycle cement plant of Korkino (Russia), occurred at the beginning of December, required an outlay of 104 million, and in December as well tax provisions accrued in previous financial years were paid for about EUR 20 million. Net sales were EUR 2,506 million compared to EUR 2,510 million a year ago. The company provided earnings guidance for the full year of 2014. Based on the preliminary information available, the company expects that the consolidated financial statements for the year 2014 will close with a recurring Ebitda in improvement with respect to last year, and in absolute value slightly over 400 million, in line with the forecast already disclosed to the market on the occasion of the interim report for the first nine months.

Buzzi Unicem SpA, Board Meeting, Feb 10, 2015

Buzzi Unicem SpA, Board Meeting, Feb 10, 2015. Agenda: To approve 2014 preliminary data.

Buzzi Unicem SpA to Report Fiscal Year 2014 Results on Feb 10, 2015

Buzzi Unicem SpA announced that they will report fiscal year 2014 results on Feb 10, 2015


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