Revenue up by 6.5% on a lfl basis and by 3.3% on a reported basis. All divisions grew significantly on a lfl basis. France grew by 8.9% on a lfl basis. The US grew by 7.1% on a lfl basis. Revenue reported beats consensus by 4%. Cement volumes up 13.8%. Concrete volumes up 9.8%. Aggregates volumes up 15.2%. Cement prices down on a yoy basis but slightly up on a sequential basis. Only the US registered a cement price increase on a yoy basis.
29 Apr 2016
Strong performance due to mild weather
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Strong performance due to mild weather
Vicat SA (VCT:PAR) | 0 0 1.9% | Mkt Cap: 2,972m
- Published:
29 Apr 2016 -
Author:
Felix Brunotte -
Pages:
3
Revenue up by 6.5% on a lfl basis and by 3.3% on a reported basis. All divisions grew significantly on a lfl basis. France grew by 8.9% on a lfl basis. The US grew by 7.1% on a lfl basis. Revenue reported beats consensus by 4%. Cement volumes up 13.8%. Concrete volumes up 9.8%. Aggregates volumes up 15.2%. Cement prices down on a yoy basis but slightly up on a sequential basis. Only the US registered a cement price increase on a yoy basis.