Italy: Italcementi’s third quarter 2014 revenues down by 3%

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Updated Tue, 11 Nov 2014 09:21:13 GMT

Italcementi has reported that in the third quarter of 2014 its earnings before interest, tax, depreciation and amortisation (EBITDA) fell to Euro469m, down from Euro472m in the third quarter of 2013. Revenues fell by 3% year-on-year to Euro3.12bn. Italcementi confirmed that it still expects to report a higher recurring EBITDA for the full year.