Italy: Italcementi’s consolidated revenues fell to Euro4.16bn in 2014


Updated Wed, 11 Feb 2015 17:21:25 GMT

Italcementi generated consolidated revenues of Euro4.16bn in 2014, down by 1.8% year-on-year at current exchange rates and down by 0.7% annually at constant exchange rates. In 2014, cement sales grew in all geographical areas, except from west-central Europe, where they fell by 0.7%. In the fourth quarter of 2014, Italcementi registered a 2.7% rise in cement sales, mainly due to growth in North America, Asia, Spain and Greece. As a result, revenues rose by 2.3% to Euro1.04bn in the fourth quarter of 2014.