italcementi spa (ITA) Snapshot

Italcementi SpA Presents at Bank of America Merrill Lynch High Yield and Loans Conference 2013, Jun-11-2013 12:30 PM. Venue: Royal Garden Hotel, 2- 24 Kensington High Street, London W8 4PT, United Kingdom.

Italcementi SpA Presents at HSBC 11th Equity Conference, Mar-21-2013 . Venue: Paris, France.

Italcementi SpA reported consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company’s revenue was EUR 964,808,000 against EUR 1,063,355,000 a year ago. EBITDA was EUR 88,732,000 against EUR 140,317,000 a year ago. LBIT was EUR 16,492,000 against EBIT of EUR 27,248,000 a year ago. Loss before tax was EUR 36,868,000 against EUR 3,442,000 a year ago. Loss relating to continuing operations was EUR 58,479,000 against EUR 29,497,000 a year ago. Loss for the period was EUR 58,479,000 against EUR 34,425,000 a year ago. Profit attributable to owners of the parent was EUR 78,195,000 against EUR 48,893,000 a year ago. Cash flow used in operating activities was EUR 35,537,000 against EUR 15,269,000 a year ago. Investments in PPE, investment property, intangibles were EUR 50,653,000 against EUR 64,009,000 a year ago. After capital expenditure was totaling EUR 64.5 million against EUR 81.8 million a year ago. Net debt at March 31, 2013, was EUR 2,105.9 million compared with EUR 1,998.3 million at December 31, 2012, largely as a result of seasonal trends in working capital compared with the end of March 2012, net debt was down by approximately EUR 73 million. For the year 2013, after a first quarter affected by highly adverse meteorological conditions, the Group believes full-year recurring EBITDA will be substantially stable compared with 2012.