Brief: Cementir Holding FY Revenue Up 1.1% At EUR 1.22 Bln, Targets 2023 Revenue Of EUR 1.47 Bln

Cementir Holding NV

04/02/2021 15:21

Feb 4 (Reuters) - Cementir Holding NV  CEMI.MI :
    * FY REVENUE EUR 1.22 BILLION VERSUS EUR 1.21 BILLION YEAR AGO
    * FY EBITDA: EUR 263.7 MILLION UNCHANGED FROM 2019
    * 2023 INDUSTRIAL PLAN TARGETS: REVENUE AROUND EUR 1.47 BILLION, EBITDA AROUND EUR 340
MILLION
    * 2023 INDUSTRIAL PLAN TARGETS: NET CASH POSITION OF ABOUT EUR 250 MILLION
    * GREEN CAPEX INCREASED TO EUR 107 MILLION; CO2 EMISSIONS TARGETS BY 2030 ARE CONFIRMED
    * CASH GENERATION WILL ALLOW TO REACH A NET CASH POSITION ALREADY IN 2022
    * FOR 2021 EXPECTS TO ACHIEVE REVENUES OF ABOUT EUR 1.3 BILLION
    * FOR 2021 EXPECTS TO ACHIEVE EBITDA BETWEEN EUR 285 AND 295 MILLION
    * FOR 2021 EXPECTS NET FINANCIAL DEBT OF ABOUT EUR 30 MILLION INCLUDING INVESTMENTS OF ABOUT
EUR
95 MILLION
    * FORWARD-LOOKING INDICATION DOES NOT INCLUDE RESURGENCE OF COVID-19 PANDEMIC IN COMING
MONTHS

Source text for Eikon:  ID:nBIA5R133s 
Further company coverage:  CEMI.MI 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))