Key information: • Currency depreciations had a strong negative impact. • Cement and clinker volumes decreased by 11%. • Sales decreased by 29%. • EBITDA down by 35%. • Net profit at €-41m vs €-17m in Q1 15. • FCF negative as usual in Q1 but improved compared to Q1 15.
01 Jun 2016
Poor performance on the back of currency depreciations
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Poor performance on the back of currency depreciations
Davide Campari-Milano N.V. (0ROY:LON) | 0 0 0.0%
- Published:
01 Jun 2016 -
Author:
Felix Brunotte -
Pages:
3
Key information: • Currency depreciations had a strong negative impact. • Cement and clinker volumes decreased by 11%. • Sales decreased by 29%. • EBITDA down by 35%. • Net profit at €-41m vs €-17m in Q1 15. • FCF negative as usual in Q1 but improved compared to Q1 15.