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ItalCementi's Interim Report

ItalCementi's turnover in the first 9 months 2005 increased by 8.6 pct compared to the same period 2004, reaching 3720.8 mln euro.

Increasing operational costs, due to higher energy costs, affected operating results: EBIT +0.7 pct, 848.3 mln euro, EBITDA -5.6 pct (-11.8 pct last year), 581.2 mln euro, net profit at 30 Sept 2005 369.9 mln euro (+2 pct). Regarding 2005 on the whole, no major changes are expected in Q4. The contribution of the newly consolidated Egyptian company ASEC Cement , to be more relevant in Q4, should enable to obtain a consolidated EBIT slightly higher than last year's.



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