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Cementir: profit +78,5% in 2014, shares run on the Stock Exchange

The cement holding company headed by the Caltagirone group closed last year with a strong increase in gross operating margin, against a 4,1% drop in revenues - Proposed dividend increase to 0,10 euros per share .

Cementir: profit +78,5% in 2014, shares run on the Stock Exchange

Goes on file 2014 of Cementir, which closed with a net profit of 71,6 million euros, up 78,5% year-on-year. EBITDA also increased (+13,4% to 192,4 million), while revenues fell by 4,1%, to 948 million euro. Both the effects of exchange rates and the trend in Italy weigh on the group's turnover, where revenues decreased by around 20%.

Furthermore, the Board of Directors of the cement holding has proposed to the shareholders the distribution of a dividend of €0,10 per share, up 25% year over year.

The publication of the accounts of the company belonging to the group Caltagirone had a positive impact on Piazza Affari, where Cementir shares rose by more than 2% in the early afternoon.

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