Cementir Holding NV (FRA:3PC)
€ 10.68 0 (0%) Market Cap: 1.67 Bil Enterprise Value: 1.60 Bil PE Ratio: 13.67 PB Ratio: 1.05 GF Score: 85/100

Q3 2023 Cementir Holding NV Earnings Call Transcript

Nov 06, 2023 / 02:30PM GMT
Release Date Price: €8.03 (-0.62%)
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the Cementir Holding Third Quarter 2023 Results Conference Call. (Operator Instructions) At this time, I would like to turn the conference over to Mr. Marco Maria Bianconi, Head of M&A and Investor Relations. Please go ahead, sir.

Marco Maria Bianconi
Cementir Holding N.V. - Group Chief M&A, Integration and Corporate Development & IR Officer

Thank you, and welcome, everybody, to Cementir Holding the first 9 months results highlights. I'm here with Mr. Francesco Caltagirone, our Chairman and Chief Executive. this afternoon, who is ready to take your questions at the end. I have 2 pages deck that is being distributed. So I will immediately comment on Page 2 with the results highlights. The group reported EUR 1.295 billion of revenues on a GAAP basis and on a non-GAAP basis revenue reached EUR 1.288 billion, up 0.8% year-over-year.

Cement volumes were down by around 3.1%, mainly due to Denmark, Belgium West, Malaysia and Egypt partial offset by

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