Presentation - Italcementi Group
Presentation - Italcementi Group
Presentation - Italcementi Group
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Income statement (2/2)<br />
Net of one off USPP prepayment charges, financial expenses decline thanks to<br />
interest rate and volume effect<br />
EURm<br />
Of which<br />
Rate 6<br />
Volume 2<br />
USPP prepayment charges (22)<br />
Q1<br />
2010<br />
Q1<br />
2009<br />
Var.<br />
% Var.<br />
EBIT<br />
24 65 (41) -63%<br />
% on revenues<br />
2.2%<br />
5.4%<br />
-3.2p.p.<br />
-<br />
Financial income and expenses<br />
(37)<br />
(29)<br />
(8)<br />
+28.4%<br />
Adjustment to financial assets value<br />
0<br />
0<br />
n.s.<br />
n.s.<br />
Result of comp. valued with the equity method<br />
1<br />
1<br />
n.s.<br />
n.s.<br />
Profit before Tax (Pbt)<br />
(12)<br />
37<br />
(49)<br />
n.s.<br />
% on revenues<br />
-1.1%<br />
3.1%<br />
-4.2p.p.<br />
-<br />
Income tax expense<br />
4<br />
(17)<br />
20<br />
n.s.<br />
Net profit<br />
(9)<br />
20<br />
(29)<br />
n.s.<br />
% on revenues<br />
-0.8%<br />
1.7%<br />
-2.5p.p.<br />
-<br />
<strong>Group</strong> net profit<br />
(37)<br />
(13)<br />
(25)<br />
n.s.<br />
Minority interest<br />
29<br />
33<br />
(4)<br />
-11.9%<br />
<strong>Italcementi</strong> <strong>Group</strong> Mediobanca – Copenhagen Roadshow, 16 June 2010<br />
17