Vicat has warned that while its 2020 outlook needs to be revised in terms of the potential impact of COVID-19 on the cement producer’s business, it is not able at this stage to provide a detailed and accurate assessment of how its markets and financial performance will develop during the course of the year.
Adaptation measures have already been implemented, including a plan to reduce operating costs and defer non-strategic capital expenditure.

GCC posts 17% drop in 1Q net income
GCC reported a 9.6 per cent YoY drop in consolidated net sales to US$246.5m in the 1Q25 from U...