Board of Directors examines 2014 Financial Statement

ITALMOBILIARE S.p.A.

  • INCREASE IN 2014 PROFIT AT ITALMOBILIARE SPA TO 18.2 MILLION EURO FROM 1.7 MILLION EURO IN 2013
  • BOARD TO PROPOSE A DIVIDEND OF 0.25 EURO TO ORDINARY SHARES (0.15 EURO IN 2013) AND 0.39 EURO TO SAVINGS SHARES (0.255191 EURO)
  • POSITIVE NET FINANCIAL POSITION FOR PARENT AND WHOLLY OWNED FINANCIAL COMPANIES OF 77.6 MILLION EURO (146.6 MILLION EURO) AFTER COMPLETION OF PLAN TO STRENGTHEN THE ITALCEMENTI GROUP

ITALMOBILIARE GROUP

  • REVENUE: 4,451.3 MILLION EURO (4,516.1 MILLION EURO IN 2013)
  • TOTAL LOSS FOR THE YEAR: 50.1 MILLION EURO (AFTER IMPAIRMENT LOSSES OF APPROXIMATELY 44 MILLION EURO) COMPARED WITH A LOSS OF 154.2 MILLION EURO IN 2013
  • IMPROVEMENT IN ALL THE CORE BUSINESSES. A RETURN TO PROFIT IN THE FINANCIAL SEGMENT
  • NET FINANCIAL DEBT: 2,114.8 MILLION EURO AFTER INCREASE IN CAPITAL EXPENDITURE TO MORE THAN 540 MILLION EURO

Key economic and financial data