Earnings release
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BUZZI Buzzi Unicem PRESS RELEASE Interim results at 30 June 2021 ■ Cement and clinker sales higher than the first half 2020 ( + 10.9 % ) . Significant increase in Italy , thanks to the strengthening of demand and the easy comparison basis . Good volume trend also in Eastern Europe and the United States of America . Marginal slowdown in Germany and Poland ▪ Interim results improving versus 2020. The favorable changes in sales volumes , associated with an overall positive price momentum , more than offset the rekindling of industry inflation ■ Net sales at € 1,609 million ( 2020 : € 1,520 million ) and Ebitda at € 352 million ( respectively + 11.1 % and + 19.4 % like for like ) . Negative exchange differences of 81 million on net sales and € 22 million on Ebitda ▪ Outlook for the full year 2021 : highly satisfactory recurring Ebitda , probably not above the 2020 level Consolidated data Jan - Jun 21 Jan - Jun 20 % 21/20 Cement and clinker sales t / 000 14,833 13,374 10.9 % Ready - mix sales m3 / 000 5,845 5,461 7.0 % Net sales € / m 1,609 1,520 5.8 % Ebitda Net profit € / m 352 314 12.3 % € / m 210 217 -3.2 % Net financial position € / m Jun 21 Dec 20 Change 109 242 ( 133 ) The Board of Directors of Buzzi Unicem SpA has met today to examine the interim financial report as at 30 June 2021 . During the first half of 2021 , the continuation of the vaccination campaigns led to a sharp decline in the severity and frequency of Covid - 19 infections , allowing a gradual relaxation of the social distancing measures in the areas where a high vaccination coverage was achieved , such as the United States of America and the European Union . The identification of a more contagious virus