Presentation - Italcementi Group

Q1 2010 recurring EBITDA
EBITDA hit by volume and price effects, partially mitigated by continuing actions on
fixed and variable costs. EBITDA decline across all areas
Breakdown by lever
Breakdown by area
EURm
EURm
Of which:
Fuels 18
Power 3
Clinker & Cement Purch. (9)
Of which:
CO 2 3
Of which:
Volume (29)
Price (26)
Fix/Variable costs 41
Of which:
Volume (7)
Variable costs (6)
Of which:
Volume (5)
Of which:
Price (13)
Of which:
Maintenance 7
Inventory variation 6
Labour cost 2
Italcementi Group Mediobanca – Copenhagen Roadshow, 16 June 2010
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