Finance and results

Board of Directors approves the results for 2018 and the forecasts for 2019

The Board of Directors of Cementir Holding approves the results for 2018 and the forecasts for 2019

  • Historic record of revenues at EUR1,196.2 million, up 4.9% on 2017
  • EBITDA at EUR 238.5 million, up 7.1% on 2017
  • EBIT at EUR 153.2 million, up 9% on 2017
  • Net Group profit at EUR 127.2 million, up 78% on 2017
  • Net financial debt down to EUR 255.4 million (EUR 543.3 million as at 31 December 2017)
  • Forecasts for 2019: EBITDA in the range EUR 250-260 million and net financial debt at EUR 245 million, including impacts estimated from IFRS 16
  • Proposed dividend: 0.14 Euro per share (+40% on previous year)

Rome, 7 March 2019 – The Board of Directors of Cementir Holding Spa, chaired by Francesco Caltagirone Jr., has examined and approved the draft financial statements for the year ended 31 December 2018.