Buzzi Unicem SpA reported consolidated earnings results for the first quarter ended March 31, 2013. For the period, the company reported net sales of €503,135,000 against €562,230,000 a year ago. million. The decrease stems from an unfavorable volume effect for €70.4 million, partly offset by a positive price effect for €11.5 million. EBITDA was €11,753,000 against €24,006,000 a year ago. On a like-for-like basis, net sales and EBITDA would have decreased by 10.6% and 52.0% respectively. Loss before tax was €68,820,000 against €64,243,000 a year ago. Loss for the period was €62,786,000 against €45,781,000 a year ago. Loss attributable to owners of the company was €66,321,000 against €59,813,000 a year ago. Net debt as at March 31, 2013 was €1,227.0 million against €1,124.9 million as at March 31, 2012. Cash outflow was €9.0 million against cash inflow of €10.7 million for the same period a year ago. Operating loss (LBIT) was €42.028 million against €32.497 million for the same period a year ago. The company expects its full year 2013 operating results in moderate improvement over those posted in the previous year.

Buzzi announced that it is becoming an international company operating out of three centers: London, Silicon Valley, and Tel Aviv. Established in London, Buzzi International is a one-stop-shop for B2B integrated social media and public relations services. Buzzi International boasts a team of seasoned specialists who will bolster the company's new overseas operations. Buzzi International was founded to meet the needs of Israeli technology companies who seek to gain exposure to their products and connect with international audiences. The High tech industry in Israel has developed beyond the wildest projections and now accounts for about one-third of GDP and 75% of industrial exports. The World Economic Forum ranks Israel second in the world for the amount of funds raised by technology start-ups, following only the U.S. Buzzi International offers a single address where companies can obtain a range of marketing services, launch international campaigns across all media channels - both "traditional" and new - and to produce unique content that will attract interest and draw attention. The company's Israeli clients will work closely with the local office, which will coordinate the work with the international team of experts.

Buzzi Unicem SpA reported preliminary earnings results for the year ended December 31, 2012. For the period, the company reported net sales of EUR 2,813 million compared to EUR 2,787 million a year ago. Net debt was EUR 1,125 million compared to EUR 1,143 million a year ago. The improvement of net financial position was obtained due to cash flow from operations, control of capital expenditure and a cautious dividend policy, although purchases of equity interest for over 70 million were made. The company provided consolidated earnings guidance for the year ended December 31, 2012. For the period, the company expects that the financial statements of the year 2012 will close with a recurring Ebitda of about EUR 450 million, in line with the outlook already disclosed to the market in the previous releases.