May 4 (Reuters) – Vicat reported on Monday a turnover up 8.5% at ​like-for-like “and constant exchange rates ​in the first quarter, at 922 ‌million euros, “citing stabilization in Europe, recovery in United States – and sustained momentum in emerging countries.
The French cement manufacturer also confirmed its outlook for 2026, “subject to the absence of escalation and significant prolongation of the conflict in the Middle East, taking into account its potential impact on energy costs and the macro-economic context.”
The group had ​confirmed ​in February its medium-term priorities, ​in particular a continuation of debt reduction with the achievement of “a ​leverage ratio less than or equal to ​1.0x at the end of 2027 and the maintenance an Ebitda margin level of at least 20% over the entire period 2025-2027.
(Edited by ​Elena Smirnova, edited by ​Sophie Louet)
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