Buzzi Unicem SpA Announces Consolidated Financial Results for the Six Months Ended June 2014; Provides Capital Expenditure Guidance for the Second Half of 2014 and Earnings Guidance for the Full Year of 2014
The company expects capital expenditure level will go up in the second half mainly in U.S. because of the expansion at Maryneal. The total expected is around 250 million. Second half expected with operating profitability similar to 2013.
For the full year of 2014, outlook of recurring Ebitda growth above the previous year and slightly over 400 million.