Cementir Holding NV
MIL:CEM

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Cementir Holding NV Logo
Cementir Holding NV
MIL:CEM
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Price: 19.62 EUR 0.41%
Market Cap: 3.1B EUR

Cementir Holding NV
Investor Relations

Cementir Holding NV stands as a testament to strategic evolution and adaptation in the global construction materials industry. Founded in Italy in 1947, the company has steadily transformed from a small domestic producer into a significant international player. Cementir's operations span across more than 18 countries, focusing primarily on the production of cement, ready-mix concrete, aggregates, and waste management. Central to its growth strategy has been targeted acquisitions, which have allowed it to diversify geographically and expand its product portfolio. This breadth enables Cementir to operate a resilient business model that can capitalize on regional growth opportunities while mitigating risks inherent to specific markets.

The core of Cementir's business lies in its cement production, which serves as a fundamental component of the construction sector. By leveraging advanced manufacturing facilities and a network of strategically located plants, the company ensures efficient production and distribution capabilities. These assets allow Cementir to generate revenue through the sale of its cement and concrete products to real estate developers, infrastructure projects, and various construction-related enterprises. Additionally, its investment in waste management and the development of environmentally sustainable solutions highlights a commitment to innovation and aligns with broader industry trends towards sustainability. By optimizing production processes and expanding its service offerings, Cementir maintains its competitive edge and solidifies its position as a key player in the global construction materials market.

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Last Earnings Call
Fiscal Period
Q1 2025
Call Date
May 8, 2025
AI Summary
Q1 2025

Results In Line: Cementir's Q1 2025 results matched management’s expectations, with revenue up modestly despite lower cement volumes.

Revenue: Reported revenue grew slightly to EUR 368.1 million, helped by strength in the Nordic, Baltic, Turkiye, and Malaysia, even after currency headwinds.

EBITDA: EBITDA reached EUR 66.4 million, with notable improvement in the Nordic Baltic region and Malaysia, but declines elsewhere due to volume and FX effects.

Cement Volumes: Cement volumes dropped 6.2% year-on-year, mainly from the Turkish government’s export ban to Israel and general weakness in several regions.

Guidance Maintained: 2025 full-year guidance for revenue, EBITDA, net cash, and CapEx was confirmed despite commercial and geopolitical uncertainty.

Costs: Input costs, particularly energy, are showing signs of deflation, giving some tailwind, though labor costs are expected to rise mid-single digits for 2025.

Regional Performance: The Nordics and Malaysia saw improved performance, while Belgium, France, Turkiye, North America, China, and Egypt saw mixed or negative trends.

Decarbonization: The Aalborg decarbonization plan is progressing as scheduled, with no major updates this quarter.

Key Financials
Revenue
EUR 368.1 million
EBITDA
EUR 66.4 million
EBIT
EUR 31.1 million
Profit before tax
EUR 30.3 million
Net cash
EUR 143.2 million
Cement volumes
Down 6.2%
Ready-mix volumes
Up 2.1%
Earnings Call Recording
Other Earnings Calls

Management

Mr. Francesco C. Caltagirone Jr.
Chairman & Group CEO
No Bio Available
Mr. Roberto Marazza
Group Chief Financial Officer
No Bio Available
Mr. Paolo Zugaro
Group Chief Operating Officer
No Bio Available
Mr. Marco Maria Bianconi CPA
Group Chief M&A, Integration and Corporate Development & Investor Relations Officer
No Bio Available
Mr. Claudio Gioacchino Maria Criscuolo
Group General Counsel
No Bio Available
Mr. Michele Di Marino
Group Chief Sales, Marketing & Commercial Development Officer
No Bio Available
Mr. Filippo Spinola Di Giove
Group Chief Human Resources Officer
No Bio Available
Mr. Pasquale Vetrano
Group Chief Procurement & Logistic Officer
No Bio Available
Mr. Giacomo Cornetti
Group Chief Information Technology Officer
No Bio Available
Mr. Franco Doria
Group Chief Internal Audit Officer
No Bio Available

Contacts

Address
ROMA
Rome
Corso di Francia 200
Contacts