Italcementi - Press releases

Net sales for 1,306.6 million euro in the 2008 first quarter

05/07/2008

Board of Directors examines results at March 31, 2008

Consolidated revenues: 1,306.6 million euro (-4.5% yoy, +3.3% at constant size and exchange rates)
Recurring ebitda: 260.9 million euro (-5.3%, -1.2% at constant size and exchange rates)
Ebit: 157.5 million euro (-8.8%)
Global net profit: 81.3 million euro (-12.4%)
Investments in fixed assets: 257.6 million euro (+20.9%)
Industrial re-organization in Italy: the grinding centers
acquired in the last 2 years to replace 7 smaller facilities
Outlook: group confirms target of 2008 full-year operating results in line with 2007

Shareholders approve dividend of 0.36 euro to ordinary shares and 0.39 euro to saving shares

04/28/2008

The Italcementi S.p.A. Shareholders' Meeting held today in Bergamo approved the 2007 financial statements, which closed with revenues of 6,000.9 million euro (+2.5%) and consolidated net profit of 612.5 million euro (-6%). The shareholders deliberated distribution of a dividend of 0.36 euro to ordinary shares (0.36 euro in 2006) and 0.39 euro (0.39 euro) to savings shares to be paid as from next May 22.

New developments in Kuwait in ready mixed concrete

04/28/2008

The Group becomes the top industry player with two new acquisitions

The Italcementi Group is continuing its vertical integration and international growth strategy in the emerging countries. Over the last few weeks, it has closed two acquisitions in Kuwait’s ready mixed concrete industry, Gulf Ready Mix and Al Mahaliya, for an overall investment of approximately 30 million dollars.

Italcementi S.p.A 2007 Corporate Governance Report

04/14/2008

As required by law, Italcementi S.p.A. informs interested parties that the 2007 Corporate Governance report, approved by the Board of Directors on March 26, 2008, is available to the public at the company’s registered office. The document may also be viewed on the Internet website: www.italcementigroup.com.

Visit Report section (only italian version)

Italcementi and Sibirskiy Cement reach an agreement over Turkish activitiesThe Italian Group will become shareholder of the second Russian cement producer

04/02/2008

Italcementi through its sub-holding Ciments Français has agreed to sell its assets in Turkey for a total of 600 millions euro to Sibirskiy Cement, the second Russian cement producer and leader in the region east of the Urals. The transaction will be paid part in cash (400 millions euro) and part (200 millions euro) in Sibirskiy Cement shares. This deal will enable Italcementi Group to sign up a strategic alliance with a company leader in the sector of construction materials in Russia. This will lead the Group to indirectly enter in a new fast growing and profitable market (following recent acquisitions in the Arabian Peninsula and China).

Revenues up to 6 billion euro, dividend stable

03/26/2008

The Board of Directors examines results for financial year 2007

ITALCEMENTI GROUP

CONSOLIDATED REVENUES: 6,000.9 Million Euro (+2.5%)
RECURRING EBITDA: 1,403.9 Million Euro (-3%)
EBIT: 958 Million Euro (-5.4%) after a 6.1% increase in amortization and depreciation
TOTAL NET PROFIT: 612.5 Million Euro (-6%)
GROUP NET PROFIT: 423.9 Million Euro (-5.7%)
INVESTMENTS IN FIXED ASSETS: 999 Million Euro (New acquisitions in China and Kuwait and enhanced production facilities)
NET DEBT: 2,418.2 Million Euro at Decembre 31, 2007 (+207.9 Million Euro form the end of 2006)
CALCESTRUZZI: consolidated with the interim financial statementsto the end of September 2007
OUTLOOK FOR 2008: the Group aims to maintain in 2008 the operating results of 2007

ITALCEMENTI S.p.A.

NET PROFIT: 96.5 Million Euro (-14.1%)
PROPOSED DIVIDEND: 0.36 Euro per ordinary share (0.36 EURO IN 2006) and 0.39 Euro per savings share (0.39 EURO) to be paid from May 22, 2008

Italcementi: Board meeting postponed to March 26

03/13/2008

A new Board of Directors of distinguished independent representatives appointed at Calcestruzzi S.p.A.

In a statement regarding the Italcementi corporate calendar, the company said that the meeting of the Board of Directors to examine the results for financial year 2007 had been postponed to March 26, 2008.

Italcementi alongside Architects and the Building Community at the World congress in Turin

03/11/2008

Italcementi will be the main sponsor of the World Congress of the International Union of Architects (UIA) – to be held in Turin on 29.06.2008 – 03.07.2008 – where thousands of professionals and specialists in the building sector from all over the world will meet.

Italcementi Board of Directors is examining options for asset optimization in Turkey

02/28/2008

The Italcementi Board of Directors, chaired by Giampiero Pesenti, examined a range of strategic options concerning the optimization of the Group’s assets in Turkey. These options result from an evaluation process undertaken by Ciments Français over the past months and already communicated to the market.

Italcementi: the group continues international expansion

02/26/2008

The ltalcementi Group continues to strengthen its international presence with two new acquisitions, in the USA and Kuwait, for an overall value of approximately 50 million dollars.

2007 Group revenues rise to 6.1 billion euro (+4.2%)

02/04/2008

The Italcementi Board of Directors examined sales figures for the financial year ended December 31, 2007.
Fourth-quarter revenues were supported by a positive price dynamic and, despite a downturn in sales volumes, especially in the cement business in the Mature Countries, gained 1.6% on the year-earlier period to reach 1,487 million euro.

Calcestruzzi: Italcementi confirms full cooperation with the italian magistrature

01/30/2008

With reference to the precautionary measures that have affected the Managing Director of the Company and the precautionary seizure of the stock of Calcestruzzi S.p.A., the Italcementi Group confirms its full cooperation with the Italian Judicial Authorities and reiterates its non-involvement with criminal actions.

Albania: Italcementi presents its new investment plans to the Prime Minister

01/15/2008

The Italcementi group (the world’s fifth largest cement producer with operations in 22 countries) has illustrated its development plans for its activities in Albania to the Albanian Prime Minister, Sali Berisha.
At a meeting at the Presidency of the Council of Ministers attended by the Italian Ambassador to Albania, Saba d’Elia, Fortunato Zaffaroni (Trading Director of the Italcementi group) presented the initiatives planned by the group to strengthen its position in Albania.

New developments in the middle east

01/08/2008

Following the recent development of its ready mixed concrete activities in Egypt, the Italcementi Group is going to reinforce its downstream integration also in Kuwait. Hilal Cement, the company listed on the Kuwait City Stock Exchange which entered in the scope of the Group last August, is going to sign an agreement for the acquisition of two medium-sized companies in the Gulf area.

Italy: Italgen signs a memorandum in Egypt for developing a new wind farm with a maximum power up to 400 mw

11/26/2007

The agreement, which is part of the Egyptian energy plan for the development of renewable energies, will result in one of the largest wind plants, cutting CO2 emissions into the atmosphere by around 500,000 tons per year.