2019 full year results

Commenting on these figures, Guy Sidos, the Group’s Chairman and CEO, said:

“The Vicat Group’s solid performance in 2019 reflects the relevance and robustness of its business model. Strong growth in France, India, the USA, Africa and Kazakhstan helped offset difficult market conditions in Turkey and Egypt. Furthermore, in line with our strategy of targeted acquisitions, the purchase of Ciplan in Brazil, in January 2019, allowed the Group to continue its international growth in a region offering strong potential by integrating teams and assets of the highest quality. In this context, Vicat Group continues to pursue its objective of profitable growth and its policy of debt reduction, backed by a solid balance sheet and strong cash flow generation.”