Presentation - Italcementi Group

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Q1 2010 key results Continuing difficult market environment and unusually adverse weather penalize volumes and margins. Cash flow from operating activities remains good mt Cement and clinker volumes mt Q1 2010 12.3 Q1 2009 13.0 Var. 10-09 -5.0% FY 2009 55.7 EURm Revenues 1,072 1,201 -10.7% 5,006 EBITDA - recurring 136 189 -28.2% 972 % on revenues 12.7% 15.7% -3.0p.p. 19.4% EBIT 24 65 -63.0% 443 % on revenues 2.2% 5.4% -3.2p.p. 8.8% Net profit (9) 20 n.s. 215 Group net profit (37) (13) n.s. 71 Cash Flow from operating activities 211 216 -1.9% 1,102 EURm Net Financial Position 31.03.10 (2,361) 31.12.09 (2,420) Variation +59 Italcementi Group Mediobanca – Copenhagen Roadshow, 16 June 2010 10
Q1 2010 key actions On track with our cost savings plan Focus on cash generation Tight control on CapEx Continuing containment of Working Capital Debt management Italcementi Finance S.A. and EMTN issue Industrial network enhancement Started clinker production in India (Yarraguntla) New kiln fire-up in Italy (Matera) Shutdown of 3 Grinding Centres in Italy Italcementi Group Mediobanca – Copenhagen Roadshow, 16 June 2010 11
Page 1 and 2: Group Presentation Mediobanca Copen
Page 3 and 4: AGENDA Group overview Q1 2010 Group
Page 5 and 6: Overview of Italcementi Group Struc
Page 7 and 8: ITC Group evolution in cement capac
Page 9: AGENDA Group overview Q1 2010 Group
Page 13 and 14: Q1 2010 Revenues Decline of volumes
Page 15 and 16: Fuel and power costs cycle (y/y %)
Page 17 and 18: Income statement (2/2) Net of one o
Page 19 and 20: Financial ratios*: Leverage, Covera
Page 21 and 22: Group refinancing plan On the path
Page 23 and 24: Liquidity backup (as of 31/03/ 2010
Page 25 and 26: 2010: volumes and prices Low visibi
Page 27 and 28: Update on major industrial projects
Page 29 and 30: Conclusions Overall resilient Q1 20
Page 31 and 32: Q1 2010 key figures by Area EURm Re
Page 33 and 34: North America Harsh weather conditi
Page 35 and 36: Asia Indian difficult market enviro
Page 37 and 38: Q1 2010: recurring EBITDA by countr
Page 39 and 40: Income statement (1/2) Recurring EB
Page 41 and 42: 2009: response to the downturn exce
Page 43 and 44: 2009 cash flow Reduction of Net Deb
Page 45 and 46: 2009: revenues by country 31 Dec. 3
Page 47: Investor Relations 2010 calendar

Presentation - Italcementi Group

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