Vicat Q3 2024 Sales

Commenting this release, Guy Sidos, the Group’s Chairman and CEO declared: 

“The Vicat Group posted solid organic growth over the first nine months of the year. Growth in the United States and resilience in emerging markets offset historically low levels of activity levels in Europe. Performance was more mixed in the third quarter as the base of comparison was high. We are leaving our EBITDA targets for the whole year unchanged based on this environment. The Group’s three strategic priorities are unchanged:

-restoring margins to above their 2021 levels;

-bringing down net debt in line with our 2025 deleveraging target;

-executing our climate roadmap and promoting our decarbonised range of cement and concrete.

Achieving these targets will provide us with greater flexibility, enabling us to continue the development of an increasingly decarbonised group. I’d like to thank our employees for their unwavering commitment.”