Brief: Vicat 9M Sales Of EUR 2.96 Bln

Vicat SA

07/11/2023 17:07

Nov 7 (Reuters) - Vicat SA  VCTP.PA :
    * VICAT: NINE-MONTH 2023 SALES
    * 9M EBITDA EUR 700 MILLION
    * 9M SALES EUR 2,960 MILLION
    * OUTLOOK 2023: TARGET REVISED UPWARDS WITH EBITDA EXPECTED
TO
REACH AT LEAST EUR 700 MILLION
    * 2023 WILL REAP BENEFIT OF: FULL IMPACT OF NEW KILN AT
RAGLAND
PLANT, ELIMINATION OF NON-RECURRING COSTS INCURRED IN 2022,
STABILISATION IN ENERGY COSTS
    * OUTLOOK: IN 2023 AND 2024, GROUP PLANS TO SCALE BACK ITS
CAPITAL
EXPENDITURE OUTLAYS TO AROUND EUR 350 MILLION IN 2023 FOLLOWED
BY ANOTHER REDUCTION IN 2024

Source text for Eikon:  ID:nBw8pScYka 
Further company coverage:  VCTP.PA 

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