Ciment Français announces 2012 revenues

In Ciment Français’ report of consolidated revenues for 2012, it is noted that the economic crisis continues to impact the demand for construction materials in industrialised countries. Cement and clinker sales volumes dropped 2.7% y/y at 39.3 million t – a decline attributed to the stagnant market in Western Europe and reduced sales in Egypt resulting from increased competition in that market. However, the fourth quarter was more positive, with revenues up 1.6% y/y. Likewise, sales levels in North America and Asia improved in 2012, with sales up 10.3% in Thailand and 9.7% in India.

Ciment Français describes 2012 revenues as ‘steady’ at €3727.4 million, down 2.5% y/y. Stronger price trends countered negative volume trends to some extent. The full results for the year will be published in early March.

Ciment Français is part of the Italcementi group and has a presence in 19 countries.

Adapted from press release by Katherine Guenioui.

Read the article online at: https://www.worldcement.com/europe-cis/06022013/ciment_francais_posts_2012_revenues_855/