Italcementi's accounts for the quarter do not yet say everything, but the response from the Stock Exchange which, after the release of the quarterly report, ratified a rise that came close to 2%. It is the sign that Piazza Affari believes and bets on the success of the rationalization and management improvement action undertaken by the Pesenti family, which forecasts a positive balance for 2015.
In the first quarter of the year, revenues grew to 980,5 million with a growth of 5,1% compared to the same period of 2014 and the gross operating profit remained substantially unchanged, standing at 95,2 million .
Italcementi's loss in the first quarter decreased to 33,9 million compared to 44,1 in the same period last year.
Financial indebtedness grew to 2.343 million but due to the seasonal dynamics of typical activities and currency variations.
Positive signals for Italcementi come from some emerging countries and from the stability of activities in North America, while pressure is still being seen on the European markets and in Egypt. “The trend in India, Morocco and Thailand is excellent – reports the group – just as the prospects on the American market are now encouraging.
