Finance and results

Board of Directors approves consolidated results as of 30 June 2023

  • Revenue: EUR 840.7 million, up 1.1% on 831.6 million in the first half 2022. Non-GAAP Revenue were EUR 868.2 million (+5.1% on 2022)
  • EBITDA: EUR 200.5 million, up 39.5% on EUR 143.8 million in the first half 2022. Non-GAAP EBITDA was EUR 202.4 million (+40.9% on 2022)
  • Group net profit: EUR 90.3 million, +35.6% on EUR 66.6 million in the first half 2022. Non-GAAP Group net profit was EUR 109.8 million (+78.9% on 2022)
  • Net cash: EUR 11.0 million (net financial debt of EUR 79.5 million at 30 June 2022)
  • 2023 EBITDA guidance revised upwards by over 7%

Rome, 27 July 2023 – The Board of Directors of Cementir Holding N.V. today examined and approved the consolidated unaudited results for the first half and the second quarter of 2023.
Please note that as of April 2022, the Turkish economy is considered hyperinflationary according to the criteria set out in “IAS 29-Financial Reporting in Hyperinflationary Economies”. 


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