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Presentation - Italcementi Group

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2009 recurring EBITDA<br />

EBITDA impacted by negative volume trend mitigated by strong actions on fixed and<br />

variable costs.<br />

EURm<br />

1,113<br />

Of which:<br />

Clinker & Cement Purch. 62<br />

Fuels 32<br />

Power (17)<br />

Raw Materials (10)<br />

Of which:<br />

Labour cost 28<br />

Maintenance 28<br />

972<br />

-12.7%<br />

EBITDA<br />

Recurring<br />

2008<br />

Volumes<br />

Prices<br />

Variable<br />

costs<br />

Fixed<br />

costs<br />

Inventory<br />

effect<br />

Other<br />

Scope<br />

and FX<br />

EBITDA<br />

Recurring<br />

2009<br />

<strong>Italcementi</strong> <strong>Group</strong> Mediobanca – Copenhagen Roadshow, 16 June 2010<br />

42

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