Buzzi Unicem cement sales grow to 5Mt in first quarter of 2016


Updated Tue, 10 May 2016 11:18:44 GMT

Buzzi Unicem’s cement sales have grown by 3% year-on-year to 5Mt in the first quarter of 2016 from 4.9Mt in the same period in 2015. 

Overall net sales rose by 5% to Euro540m from Euro513m. Its earnings before interest, tax, depreciation and amortisation (EBITDA) rose by 87% to Euro50.8m from Euro27.2m. It attributed the increase in sales to a strong performance in the US where cement sales grew by 16.3% in the quarter. Elsewhere cement sales fell in Russia and Ukraine.