Key information: • Sales up by 6.2% and by 1.0% on a lfl basis. • EBITDA up 11.9% to €473m and 2.9% on a lfl basis. • Recurring EBITDA up 18.3% to €479m. • Consolidated net profit up 7.5% to €125.3m. • EPS 17% below consensus. • Dividend proposal of €0.075 per share vs €0.05 in 2014. • Net debt roughly stable at €1.03bn. • Cement volumes up 1.7%. • Ready-mix sales down 0.9%.
29 Mar 2016
Rather disappointing set of results
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Rather disappointing set of results
Buzzi Spa (BZU:WBO) | 0 0 1.6% | Mkt Cap: 4,003m
- Published:
29 Mar 2016 -
Author:
Felix Brunotte -
Pages:
3
Key information: • Sales up by 6.2% and by 1.0% on a lfl basis. • EBITDA up 11.9% to €473m and 2.9% on a lfl basis. • Recurring EBITDA up 18.3% to €479m. • Consolidated net profit up 7.5% to €125.3m. • EPS 17% below consensus. • Dividend proposal of €0.075 per share vs €0.05 in 2014. • Net debt roughly stable at €1.03bn. • Cement volumes up 1.7%. • Ready-mix sales down 0.9%.