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Buzzi Unicem SpA (BZU.MI)

BZU.MI on Milan Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Buzzi Unicem H1 net profit jumps to EUR 90.3 mln
Wednesday, 3 Aug 2016 09:38am EDT 

Buzzi Unicem SpA : H1 net revenue 1.26 billion euros ($1.41 billion) versus 1.24 billion euros a year ago . H1 net profit 90.3 million euros versus 34.9 million euros a year ago . Second half of the year expected with an operating income in line with 2015 .Outlook for the full year 2016: improvement of recurring EBITDA over the previous year and around 520 million euros in absolute value.  Full Article

Buzzi Unicem SpA - Italy's antitrust body opens probe into alleged cement price fixing - Reuters
Thursday, 26 Nov 2015 08:53am EST 

Buzzi Unicem SpA:Italy's antitrust authority has opened an investigtation into four cement makers for alleged price fixing and, with the tax police, has searched the offices of the companies, it said in a statement on Thursday - RTRS.The companies under investigation are Buzzi Unicem BZU.MI, Cementir Italia CEMI.MI, Industria Cementi Giovanni Rossi and Holcim Italia, the watchdog said - RTRS."The case concerns the possibility of an agreement ... to coordinate cement sales price increases," it added.Holcim Italia, part of the LafargeHolcim Group LHN.VX, confirmed the inspections - RTRS.It said the company had always acted according to the law and has "policies and procedures in place that are designed to ensure compliance with principles and rules of fair competition prohibiting anti-competitive behaviour and the abuse of a dominant market position" - RTRS.  Full Article

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INTERVIEW-Italy's Cementir to launch bond, still hungry for M&A deals

ROME/MILAN, Oct 27 Italy's Cementir Holding will launch its first ever bond next year as the cement maker takes advantage of record-low interest rates to fund two recent acquisitions, its chief executive said, adding he was still interested in more deals.