Key information (9m figures): Net sales stable at roughly €2bn. EBITDA up by 18.2%. Net profit up by 50% thanks to the strong operating leverage. Net debt down by 4.4%. Cement sales volumes up by 1.2%. Ready-mix sales volumes down by 0.8%. Guidance: for FY2016, management expects a recurring EBITDA improvement from the previous year and in absolute value equal to about €520m, namely an 8.5% increase.
10 Nov 2016
Guidance reiterated, headwinds from energy costs in Q4?
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Guidance reiterated, headwinds from energy costs in Q4?
Buzzi Spa (BZU:WBO) | 0 0 1.6% | Mkt Cap: 4,003m
- Published:
10 Nov 2016 -
Author:
Felix Brunotte -
Pages:
3
Key information (9m figures): Net sales stable at roughly €2bn. EBITDA up by 18.2%. Net profit up by 50% thanks to the strong operating leverage. Net debt down by 4.4%. Cement sales volumes up by 1.2%. Ready-mix sales volumes down by 0.8%. Guidance: for FY2016, management expects a recurring EBITDA improvement from the previous year and in absolute value equal to about €520m, namely an 8.5% increase.