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Cementir Holding SpA (CEMI.MI)

CEMI.MI on Milan Stock Exchange

6.76EUR
18 May 2018
Change (% chg)

€-0.19 (-2.73%)
Prev Close
€6.95
Open
€6.97
Day's High
€7.00
Day's Low
€6.71
Volume
253,451
Avg. Vol
225,797
52-wk High
€8.19
52-wk Low
€4.99

Latest Key Developments (Source: Significant Developments)

Cementir Holding Acquires Additional 38.75% Stake In Lehigh White Cement Company
Wednesday, 14 Feb 2018 

Feb 14 (Reuters) - Cementir Holding Spa ::FY PRELIM. REVENUE EUR 1.14 BILLION VERSUS EUR 1.03 BILLION YEAR AGO.TO EXPAND ITS PRESENCE IN US BY ACQUIRING ADDITIONAL 38.75% STAKE OF LEHIGH WHITE CEMENT COMPANY (LWCC).TO REACH A MAJORITY OF 63% STAKE IN LEHIGH WHITE CEMENT COMPANY.ADDITIONAL STAKE IN LWCC TO BE ACQUIRED THROUGH AMERICAN SUBSIDIARY AALBORG CEMENT COMPANY FOR A CASH CONSIDERATION OF USD 106.6 MILLION.  Full Article

Cementir Holding Finalizes Sale Of 100 Pct Of Cementir Italia To Italcementi
Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - CEMENTIR HOLDING SPA ::FINALIZES SALE OF 100 PERCENT OF CEMENTIR ITALIA TO ITALCEMENTI FOR ENTERPRISE VALUE OF EUR 315 MILLION.  Full Article

Cementir Holding says AGCM authorizes sale of Cementir Italia and its units to Italcementi
Monday, 20 Nov 2017 

Nov 20 (Reuters) - CEMENTIR HOLDING SPA ::ITALIAN ANTITRUST AUTHORITY (AGCM) APPROVES SALE TO ITALCEMENTI OF CEMENTIR ITALIA AND ITS UNITS.CLOSING IS EXPECTED IN THE FIRST DAYS OF JANUARY 2018‍​.  Full Article

Cementir holding Q3 pre-tax profit up at EUR 42.3 ‍​mln
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - CEMENTIR HOLDING SPA :Q3 PRE-TAX PROFIT EUR 42.3 ‍​MILLION VERSUS EUR 26.1 MILLION YEAR AGO.Q3 REVENUE EUR ‍​ 332.4 MILLION VERSUS EUR 251.6 MILLION YEAR AGO.NO CHANGES ARE FORECAST IN THE FOURTH QUARTER OF 2017 COMPARED TO THE FIRST NINE MONTHS OF THE YEAR‍​.BELIEVES TO ACHIEVE EBITDA AROUND EUR 215 MILLION AND A NET FINANCIAL DEBT ABOUT EUR 545 MILLION AT THE END OF 2017‍​.  Full Article

HeidelbergCement AG plans to dispose non-core assets to offset Cementir Italia purchase
Tuesday, 19 Sep 2017 

Sept 19 (Reuters) - HeidelbergCement AG :Says Cementir Italia purchase has no impact on 2017, 2018 net investments.Says intends to dispose non-core assets to offset acquisition.  Full Article

Cementir reserves right to appeal against antitrust fine
Tuesday, 8 Aug 2017 

Aug 8 (Reuters) - CEMENTIR HOLDING SPA ::COMPETITION WATCHDOG HAS FINED IT 5.1 MILLION EUROS OVER ALLEGED COMPETITION RESTRICTIVE PRACTICES.RESERVES RIGHT TO CHALLENGE DECISION IN COMPETENT COURTS.  Full Article

Cementir Holding H1 net profit up at EUR 15.5 mln
Thursday, 27 Jul 2017 

July 27 (Reuters) - CEMENTIR HOLDING SPA ::H1 NET PROFIT EUR 15.5 MILLION VERSUS EUR 11.0 MILLION YEAR AGO.H1 REVENUE EUR 631.4 MILLION VERSUS EUR 481.0 MILLION YEAR AGO.BELIEVES IT CAN CONFIRM ITS EARNINGS AND FINANCIAL TARGETS FOR THE YEAR 2017.FOR THE YEAR 2017 TARGETS EBITDA OF AROUND EUR 215 MILLION AND NET FINANCIAL DEBT OF ABOUT EUR 530 MILLION AT THE END OF 2017.  Full Article

Cementir Holding Q1 pre-tax loss widens to EUR 6.2 mln
Thursday, 11 May 2017 

May 11 (Reuters) - CEMENTIR HOLDING SPA ::Q1 REVENUE EUR 279.9 MILLION VERSUS EUR 210.4 MILLION YEAR AGO.Q1 LOSS BEFORE TAXES EUR 6.2 MILLION VERSUS LOSS EUR 6.0 MILLION YEAR AGO.CONFIRM ITS EARNINGS AND FINANCIAL TARGETS FOR THE YEAR 2017: EBITDA OF AROUND EUR 215 MILLION AND A NET FINANCIAL DEBT OF ABOUT EUR 530 MILLION AT THE END OF 2017.BOARD APPOINTS PAOLO ZUGARO AS GENERAL MANAGER OF THE COMPANY.FROM 1 MAY PAOLO ZUGARO IS ALSO CHIEF OPERATING OFFICER FOR THE ENTIRE GROUP.  Full Article

Cementir Holding H1 net profit drops to EUR 11.0 mln
Friday, 29 Jul 2016 

Cementir Holding SpA : Reported on Thursday H1 revenue of 481.0 million euros ($533.04 million) versus 475.7 million euros year ago . Q2 revenue 270.6 million euros versus 271.0 million euros year ago . H1 net profit 11.0 million euros versus 23.9 million euros year ago . Says geopolitical events that continue to affect Turkey and Egypt make it difficult to develop reliable predictions about the market for the rest of the year .Confirms FY 2016 targets.  Full Article

Cementir Holding acquires assets in Belgium from HeidelbergCement
Monday, 25 Jul 2016 

Cementir Holding Spa : Cementir Holding acquires assets in Belgium from HeidelbergCement . Aalborg Portland Holding A/S, a subsidiary indirectly 100 pct controlled by Cementir Holding, has entered into an agreement with Ciments Franais S.A.S, a company controlled by Italcementi and a subsidiary of HeidelbergCement, to acquire operations in Belgium, primarily consisting of Italcementi's Belgian subsidiary Compagnie des Ciments Belges SA (CCB) . The transaction is expected to be closed in second half of 2016 .Transaction has an enterprise value of 312 million euros ($342.11 million)on a cash and debt-free basis.  Full Article

Italy - Factors to watch on May 10

The following factors could affect Italian markets on Thursday.