Earnings release
Page 1
● ● BUZZI ● Buzzi Unicem • Volumes sold up 7.5 % in the cement sector and 4.5 % in ready - mix concrete During the summer quarter , the performance of demand was favorable especially in the United States and Eastern Europe . Signs of a slowdown , on the other hand , appeared in Central Europe and Italy PRESS RELEASE Consolidated figures Cement sales Ready - mix sales Net sales Trading update at 30 September 2021 The recent , further surge of raw materials and energy factors prices is markedly impacting the operating costs in the short term Consolidated net sales for the first nine months at € 2,541.7 million ( 2020 : € 2,408.0 million ) Net financial position t / 000 m³ / 000 € / m € / m Jan - Sep 2021 23,361 9,049 2,541.7 Sep 2021 100.6 Jan - Sep 2020 21,721 8,658 2,408.0 Dec 2020 ( 241.6 ) 21/20 7.5 % 4.5 % 5.6 % Change 342.2 The Board of Directors of Buzzi Unicem SpA met today to briefly examine the economic performance during the first nine months of 2021 as well as the net financial position at the end of the third quarter . The sales volumes achieved by the group in the third quarter of the current year showed a positive development . The progress recorded both in the United States and in Eastern Europe ( Czech Republic and Poland in particular ) more than offsets the partial slowdown observed in Italy , mainly due to the difficult comparison with the excellent results obtained in the summer quarter of 2020 , and a more evident contraction in Germany , also penalized by the unfavorable weather in July . These dynamics allowed the sales volumes of the group in the first nine months of 2021 to came in at a higher level than in the same period of 2020 ( cement + 7.5 % , ready - mix concrete + 4.5 % ) . The global economic recovery continued during the third quarter , supported by the robust expansion of international trade , which has returned to the levels prior to the onset of the health