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Vicat’s sales, earnings and net income rise in 2020 Written by Global Cement staff 16 February 2021 France: Vicat recorded full-year consolidated sales of Euro2.81bn in 2020, up by 2% year-on-year from Euro2.74bn in 2019. Earnings before interest, taxation, depreciation and amortisation (EBITDA) rose by 6% to Euro557m from Euro526m. Consolidated net income rose by 8% to Euro172m from Euro160m. The group said that organic sales were ‘strong,’ rising in all regions except in France, by 6% in total. It attributed the decline to a near-...

Vicat: 2020 Results Sales growth of +5.5% at constant scope and exchange rates Increase in operational profitability: EBITDA* up +10.1% and EBIT** up +17.5% at constant scope and exchange rates Decrease in net financial debt of -€88 million to €1,202 million and leverage ratio*** at 2.16x vs. 2.45x at 31 December 2019 Audited condensed consolidated income statement: (€ million) *EBIT: EBITDA less net depreciation, amortisation and provisions on ongoing business. ***Leverage ratio: net debt/consolidated EBITDA Commenting on these figures, Guy Sidos, the Group's Chairman and CEO said: "T...