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Italcementi sees revenues rise

Italy's biggest cement maker Italcementi examined sales figures for the financial year ended December 31, 2007. 2007 consolidated revenues amounted to 6,100 million euro, an improvement of 4.2% from 2006 (3.5% at constant size and exchange rates). Fourth-quarter revenues were supported by a positive price dynamic and, despite a downturn in sales volumes, especially in the cement business in the Mature Countries, gained 1.6% on the year-earlier period to reach 1,487 million euro. The growth driven by strong performance in the Emerging Countries was countered by a significant decline in North America and by slowdowns, in Western Europe, in Italy and Greece.





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