Presentation - Italcementi Group
Presentation - Italcementi Group
Presentation - Italcementi Group
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2010 key goals<br />
We confirm our 2010 targets<br />
Cost<br />
Savings<br />
Working<br />
Capital<br />
Optimisation<br />
Provide additional structural savings also thanks to further industrial<br />
network rationalization<br />
► In Q1 closed 3 grinding centres in Italy<br />
► On track on all variable cost savings levers and ahead on fixed<br />
cost reduction<br />
► Strong contribution from fuels (EURm 19)<br />
Continue and reinforce all 2009 actions<br />
► Overall good results amplified by seasonal positive effect on<br />
receivables<br />
2010 FY Target<br />
EURm 100<br />
Q1 Results<br />
EURm 50<br />
2010 Target<br />
reduction<br />
of ~ EURm 50<br />
Q1 Results<br />
EURm 141<br />
Industrial<br />
Investments<br />
Curb total investment cash out, whilst remaining on track with our<br />
strategic guidelines<br />
► CapEx on main strategic projects in the quarter at EURm 46<br />
2010 Target<br />
CapEx<br />
EURm 620<br />
Q1 Results<br />
EURm 92<br />
Continue to<br />
► Reduce break even point<br />
► Focus on cash flow management<br />
<strong>Italcementi</strong> <strong>Group</strong> Mediobanca – Copenhagen Roadshow, 16 June 2010<br />
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