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Turkey leads Cementir's performance in first half of 2021 - Cement industry news from Global Cement globalcement.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalcement.com Daily Mail and Mail on Sunday newspapers.
Cementir sees 1H net profit rise of 140% cemnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cemnet.com Daily Mail and Mail on Sunday newspapers.
Cementir sees 49% rise in EBITDA for 1Q21 06 May 2021 Cementir Holding has reported a 12.6 per cent YoY increase in group revenue to EUR300.5m for the first quarter of 2021, compared to EUR266.9m in the 1Q20. EBITDA rose 49.4 per cent YoY to EUR48.1m from EUR32.2m, while its EBITDA margin advanced to 16 per cent from 12.1 per cent. In the first quarter of 2021, the group reported results above our expectations, with revenues up by over 12 per cent, EBITDA by 49 per cent and EBIT by over 300 per cent compared to the same period of 2020. These results reflect the resumption of all operating activities and in particular those in Turkey, Belgium and Denmark, said Francesco Caltagirone Jr, chairman and CEO. ....