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| Italcementi posts a first-quarter net profit of 127.6 million euro Italcementi, Italy's biggest cement company, posted a first-quarter net profit of 127.6 million euro, compared with a net loss of 8.6 million euro in the first quarter of 2010. Revenues improved, supported by a positive volume effect, whereas margins were affected by a much stronger than expected rise in energy costs; nevertheless, in part as a result of extraordinary transactions in the first three months, EBIT made a significant improvement (+17.6% to 35.6 million euro). write your comments about the article :: © 2011 Construction News :: home page |