Skip to main content
Résultats trimestriels

2020 Consolidated nine month sales

3 November 2020

Vicat Group has today reported its 2020 consolidated nine month sales.

Commenting on these figures, Guy Sidos, the Group’s Chairman and CEO said: The Vicat group’s performance over the first nine months of 2020 demonstrated its resilience and its tremendous ability to seize growth opportunities arising in its markets.

The impact of COVID on the Group's operating profitability was eliminated by the end of July. The good momentum observed since then, particularly in the Group's most recent operations in India and Brazil, lead to envisage that the Group's operating profitability may increase significantly at constant scope and exchange rates in 2020. Nevertheless, the Group is continuing its efforts to reduce its structural costs, symbolised by the relocation on 1 October of its head office to l’Isle d'Abeau in Isère.

Balance sheet liquidity was strengthened by the early renewal of credit lines on excellent terms.

Against this backdrop, the Group is continuing its technological and financial efforts to successfully accelerate its ecological and digital transition and offer its customers its low carbon products under the DECA label, launched in October on its Ready Mix Concrete business in France.

The Group's governance has been strengthened by the appointment of a second Chief Operating Officer, Lukas Epple, Director of Strategy, and two new Deputy CEO, Hugues Chomel, Chief Financial Officer, and Christophe Bérenger, Director of Human Resources".

Download Press Release

20201103_2020 Consolidated nine month sales_Vicat.pdf
Download the file (1.04Mo)

Our news

Find all the news



Vicat develops first carbon-zero binder

abstract teaser

Vicat’s DECA low-carbon range has been enriched by the addition of the first carbon-negative binder that can be used to produce very-low-carbon concrete. This innovation highlights the Group’s commitment to achieving carbon neutrality on its full value chain by 2050.



Meteor: increasing the proportion of alternative fuels at Montalieu-Vercieu

abstract teaser

Under its 'France Relance' recovery plan, the French government is putting up 1.2 billion euros to boost the drive for reducing the industrial sector’s greenhouse-gas emissions by creating new support mechanisms that will reinforce the existing mechanisms implemented by the country’s Environment and Energy Management Agency (ADEME). The latest batch of 42 ‘France Recovery’ beneficiaries announced on Friday, 19 November, 2021, includes our very own ‘Meteor’ project.



CimentAlgue : harnessing CO2 and waste heat in cement plants to produce microalgae

abstract teaser

Vicat is working together with AlgoSource Technologies, TotalEnergies, and the University of Nantes to accelerate the development of microalgae production using CO2 and waste heat.



Low-carbon trajectory: Vicat and Hynamics unveil Hynovi project

abstract teaser

Under a partnership with Hynamics, a subsidiary of energy-provider Groupe EDF that specializes in production of hydrogen, Vicat is developing an integrated solution for capturing CO2 and producing carbon-free methanol.