Buzzi Unicem - November 2013
Buzzi Unicem's turnover for the first nine months declined up by 3.2 per cent to EUR2078.5m and the EBITDA came off by 10.6 per cent to EUR335.8m. The trading profit was down by 16.4 per cent to EUR169.8m, but net financial charges came off by 9.5 per cent to EUR81.4m. After a 37.9 per cent increase in the contribution from associates, the pretax profit emerged 18.3 per cent lower at EUR95m. The tax charge still rose by 73.8 per cent, though the minorities charge did decrease by 32.9 per cent, leading to a net attributable profit 62.1 per cent lower at EUR21.8m.