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Vicat sees growth in the Asian and American markets

Published by
World Cement,


French cement manufacturer Vicat has announced its figures for the first nine months of 2013. Turnover has increased by 0.6% to €1740 million and the gearing level rose to 51.3% at the end of September compared with 47.6% in 2012. Turnover in cement increased by 2.8% reaching €855 million. The aggregates and concrete turnover increased by 7.4% to €655 million and shipments of aggregates rose by 7.3% to 17.18 million t and deliveries of ready-mix concrete rose by 10.3% to 6.41 million m³.

Regional results

  • In France, consolidated turnover decreased by 1.9% to €651 million in the nine months. Cement turnover declined by 7.4% and volume reduced by 6% due to harsh weather in the winter months. However, aggregates and concrete turnover increased by 2.8% to €328 million. Volumes increased by 6.5% in aggregates and rose 2.8% in ready-mix concrete.
  • Switzerland saw an increase in turnover of 3.4% to €303 million. Concrete and aggregates turnover rose by 9.8% to €126 million. Turnover of pre-cast concrete grew by 3.4% to €98 million.
  • Italian operations saw turnover decline by 18%, due to a fall of 25% in cement shipments.
  • In the USA turnover increased by 10.4% to €166 million. Cement volumes grew by a further 2.4% and selling prices increased in the southeast. The turnover of ready-mix concrete increased by 17.5% as volumes increased by 12.5%. In 3Q13, turnover saw an increase of 26.8%.
  • Asia and the Middle East reported an increase of 8.8% in turnover to €361 million. The Turkish turnover increased by 19.5% to €183 million, and the turnover in cement rose by 17.2% due to rising volumes and higher selling prices. The turnover in concrete and aggregates saw a 23.1% rise due to an increase in construction activity. Turnover in India rose by 12.5% to €119 million and volumes increased by 25% 2.3 million t. In Kazakhstan, turnover increased by 21.2% to €59 million as volumes prices rose by more than 9%.
  • In Africa and Egypt, turnover decreased by 12.1% to €245 million, which translates into an underlying reduction of 8.4%. The Egyptian turnover declined by 18.3% as volumes decreased. Turnover in western African decreased by 3.9%, but cement volumes declined only slightly by 0.5%.

Edited from various sources by Rosalie Starling

Read the article online at: https://www.worldcement.com/europe-cis/06112013/vicat_sees_growth_in_the_asian_and_american_markets_383/


 

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