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Buzzi SpA reports net profit fall of 2% in 1H24

06 August 2024, Published under Cement News

Buzzi SpA has reported a 4.5 per cent drop in net sales to EUR2054m in the 1H24 when compared with net sales of EUR2150m in the 1H23. Cement and clinker sales fell by eight per cent to 12.017Mt from 13.057Mt in the 1H23. Ready-mix concrete sales decreased by 8.8 per cent to 4.664Mm 3 from 5.116Mm 3 in the 1H23. The company's consolidated EBITDA reached EUR553m, down 3.9 per cent on the 1H23 result. Recurring EBITDA declined 4.1 per cent YoY to EUR548m from EUR572m in the 1H23.  Consol...