Q1 came in line
CEM reported Q1 figures in line with our estimates. Q1 net revenues (ex IAS 29) of EUR 370m were up 1% y/y. We saw cement volumes down mid-single-digits (in a seasonally light quarter), while aggregates and r/mix were slightly up. EBITDA (ex IAS 29) of EUR c70m (in line) was up c1%. Q1 net cash was EUR 143m.
FY guidance was reiterated
The company confirmed its FY25 guidance. During the call, management was confident on the FY outlook, mentioning some headwinds on the volume si ....

08 May 2025
So far so good

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So far so good
- Published:
08 May 2025 -
Author:
Grimaldi Giuseppe GG -
Pages:
8 -
Q1 came in line
CEM reported Q1 figures in line with our estimates. Q1 net revenues (ex IAS 29) of EUR 370m were up 1% y/y. We saw cement volumes down mid-single-digits (in a seasonally light quarter), while aggregates and r/mix were slightly up. EBITDA (ex IAS 29) of EUR c70m (in line) was up c1%. Q1 net cash was EUR 143m.
FY guidance was reiterated
The company confirmed its FY25 guidance. During the call, management was confident on the FY outlook, mentioning some headwinds on the volume si ....