Vicat shares slide after earnings outlook cut

Vicat SA

29/07/2025 09:18

** Shares in Vicat VCTP.PA drop around 5% after the French cement maker reported H1 results and cut its outlook on Monday

** It now expects EBITDA growth of +2% to +5% organically compared to a "low single-digit" EBITDA growth it saw in February

** A Paris-based analyst says the new guidance might translate into a year-on-year EBITDA decline on a reported basis

** Stock on track for its worst day since end-April if losses hold; second-biggest faller on France's SBF 120 Index .SBF120

($1 = 0.8667 euros)

(Reporting by Michal Aleksandrowicz)

((michal.aleksandrowicz@tr.com))