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Cementir Holding SpA (CEMI.MI)

CEMI.MI on Milan Stock Exchange

6.51EUR
22 Jun 2018
Change (% chg)

€-0.07 (-1.06%)
Prev Close
€6.58
Open
€6.58
Day's High
€6.64
Day's Low
€6.48
Volume
196,279
Avg. Vol
204,334
52-wk High
€8.19
52-wk Low
€5.18

Latest Key Developments (Source: Significant Developments)

Cementir Holding Q1 Pre-Tax Profit Turns Positive At EUR 7.2 Mln
Thursday, 10 May 2018 

May 10 (Reuters) - Cementir Holding SpA ::Q1 PRE-TAX PROFIT EUR 7.2 MILLION VERSUS LOSS EUR 6.2 MILLION YEAR AGO.Q1 REVENUE EUR 242.3 MILLION VERSUS EUR 279.9 MILLION YEAR AGO.SAYS APPROVES INDUSTRIAL PLAN FOR 2018-2020.SAYS SEES REVENUE OF EUR 1.34 BILLION IN 2020.TARGETS EBITDA OF AROUND 270 MILLION EUROS IN 2020.TARGETS NET FINANCIAL DEBT AT ABOUT 50 MILLION EUROS AT THE END OF 2020.SEES 2018 SALES AT EUR 1.25 BILLION.SEES 2018 ADJUSTED EBITDA AT EUR 235 MILLION.SEES 2018 NET FINANCIAL DEBT (PERIOD-END) AT EUR 260 MILLION.  Full Article

Cementir Holding Appoints Francesco Caltagirone Jr As Chairman And Chief Executive Officer
Monday, 23 Apr 2018 

April 23 (Reuters) - Cementir Holding SpA ::BOARD APPOINTS FRANCESCO CALTAGIRONE JR AS CHAIRMAN AND CHIEF EXECUTIVE OFFICER.BOARD APPOINTS PAOLO ZUGARO AS GENERAL MANAGER.  Full Article

Cementir Holding Completes Acquisition Of Additional 38.75% Stake In Lehigh White Cement Company
Thursday, 29 Mar 2018 

March 30 (Reuters) - CEMENTIR HOLDING ::REPORTED ON THURSDAY COMPLETED THE ACQUISITION OF ADDITIONAL 38.75% STAKE IN LEHIGH WHITE CEMENT COMPANY (LWCC) FROM LEHIGH CEMENT COMPANY LLC, A SUBSIDIARY OF HEIDELBERGCEMENT .THE DEAL HAS A TOTAL CONSIDERATION OF USD 106.6 MILLION, ON A CASH AND DEBT-FREE BASIS.AFTER THIS TRANSACTION, CEMENTIR WILL HOLD A STAKE OF 63.25% IN LWCC, WHILE THE REMAINING 36.75% WILL BE OWNED BY CEMEX INC.  Full Article

Cementir Holding Finalizes Sale Of 100 Pct Of Cementir Italia To Italcementi
Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - CEMENTIR HOLDING SPA ::FINALIZES SALE OF 100 PERCENT OF CEMENTIR ITALIA TO ITALCEMENTI FOR ENTERPRISE VALUE OF EUR 315 MILLION.  Full Article

Cementir Holding says AGCM authorizes sale of Cementir Italia and its units to Italcementi
Monday, 20 Nov 2017 

Nov 20 (Reuters) - CEMENTIR HOLDING SPA ::ITALIAN ANTITRUST AUTHORITY (AGCM) APPROVES SALE TO ITALCEMENTI OF CEMENTIR ITALIA AND ITS UNITS.CLOSING IS EXPECTED IN THE FIRST DAYS OF JANUARY 2018‍​.  Full Article

Cementir holding Q3 pre-tax profit up at EUR 42.3 ‍​mln
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - CEMENTIR HOLDING SPA :Q3 PRE-TAX PROFIT EUR 42.3 ‍​MILLION VERSUS EUR 26.1 MILLION YEAR AGO.Q3 REVENUE EUR ‍​ 332.4 MILLION VERSUS EUR 251.6 MILLION YEAR AGO.NO CHANGES ARE FORECAST IN THE FOURTH QUARTER OF 2017 COMPARED TO THE FIRST NINE MONTHS OF THE YEAR‍​.BELIEVES TO ACHIEVE EBITDA AROUND EUR 215 MILLION AND A NET FINANCIAL DEBT ABOUT EUR 545 MILLION AT THE END OF 2017‍​.  Full Article

Cementir Holding is not active in viewing second tier players in Italy - conf call
Monday, 13 Feb 2017 

Cementir Holding SpA : Sees in 2017 the same price as last year in terms of revenue price in Italy . Expects in 2017 to still be a little bit below breakeven in terms of EBITDA in Italy, especially for restructuting costs and some strikes that are hitting part of the production layout, both for Sacci and Cementir Italy . Says it is not active in viewing any other second tier player in the Italian market Further company coverage: [CEMI.MI] (Gdynia Newsroom) ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)) Keywords: (URGENT).  Full Article

Cementir Holding FY prelim. EBITDA up at EUR 197.8 mln
Monday, 13 Feb 2017 

Cementir Holding SpA : FY preliminary revenue 1.03 billion euros ($1.09 billion) versus 969.0 million euros a year ago . FY preliminary EBITDA 197.8 million euros versus 194.0 million euros a year ago . Expects to record an EBITDA of around 215 million in 2017 . FY results have been affected by the depreciation of Turkish lira and, since the Brexit vote, British pound, together with the fall in value of Egyptian pound . Strong FY performance in Scandinavian countries and Malaysia have substantially offset lower earnings in Turkey, Egypt and Italy .Results for 2016 include a change in the scope of consolidation relating to the acquisition of Sacci and Compagnie des Ciments Belges.  Full Article

Cementir Holding H1 net profit drops to EUR 11.0 mln
Friday, 29 Jul 2016 

Cementir Holding SpA : Reported on Thursday H1 revenue of 481.0 million euros ($533.04 million) versus 475.7 million euros year ago . Q2 revenue 270.6 million euros versus 271.0 million euros year ago . H1 net profit 11.0 million euros versus 23.9 million euros year ago . Says geopolitical events that continue to affect Turkey and Egypt make it difficult to develop reliable predictions about the market for the rest of the year .Confirms FY 2016 targets.  Full Article

Cementir Holding acquires assets in Belgium from HeidelbergCement
Monday, 25 Jul 2016 

Cementir Holding Spa : Cementir Holding acquires assets in Belgium from HeidelbergCement . Aalborg Portland Holding A/S, a subsidiary indirectly 100 pct controlled by Cementir Holding, has entered into an agreement with Ciments Franais S.A.S, a company controlled by Italcementi and a subsidiary of HeidelbergCement, to acquire operations in Belgium, primarily consisting of Italcementi's Belgian subsidiary Compagnie des Ciments Belges SA (CCB) . The transaction is expected to be closed in second half of 2016 .Transaction has an enterprise value of 312 million euros ($342.11 million)on a cash and debt-free basis.  Full Article