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Information on Ciments Français’ US private placements
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Milan, 08 March 2010 Italcementi Group provided conference call and live videostreaming of their 2009 results presentation. A Q&A session followed
Click here | Paris, March 5, 2010 The Board of Directors of Ciments Français (Italcementi Group) examined and approved the statutory accounts and the consolidated financial statements for the year 2009. Consolidated revenues for 2009 amounted to 4,215.4 million euros, down 11.7% on 2008, despite steady sales prices. Revenues made healthy progress in some emerging countries, like Egypt, Morocco and China. Operating results were affected by the significant volume effect but benefited from the uptrend in average sales prices, which slowed down in the second half of the year. Overall, operating cost management programs contributed to increase the recurring EBITDA/revenues ratio from 21.4% in 2008 to 21.6% in 2009. 
Press release results
Press release U.S. private placement
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Countries |
19 |
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Cement plants |
43 |
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Grinding centres |
6 |
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Batching units |
371 |
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Quarries |
92 |
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Terminals |
5 |
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Employees |
17,978 | As of 31.12.08
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Consolidated revenues Consolidated revenues |
4,775 M € 4,685 M € |
Net profit Net profit |
349 M € 564 M € |
Recurring EBITDA Recurring EBITDA |
1,021 M € 1,209 M € |
EBIT EBIT |
607 M € 853 M € | As of 31.12.08 As of 31.12.07
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