Vicat Group has today reported its 2020 half-year results.
Commenting on these figures,Guy Sidos, the Group's Chairman and CEO said:
'In response to the pandemic, the Group has demonstrated its flexibility and its responsiveness by taking steps from the outset to protect its employees, its customers and its suppliers and by launching strong measures to cut costs, control the working capital requirement and lower capital expenditure. We limited the impact of the pandemic, demonstrating the resilience of Vicat's business model, including during a crisis.
We kept our production activities running at almost all our sites to keep pace with market trends and seize any commercial opportunities by remaining close to our customers, which has helped to mitigate the impact of the crisis.
In this unprecedented environment, visibility on our full-year performance remains limited. Drawing on the experience gained in the first half, the Group is pursuing its efforts, remaining extremely attentive and reactive to any changes in the pandemic situation and to the potential macroeconomic consequences it may have across all the regions in which we operate.'
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Vicat SA published this content on 30 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 July 2020 16:20:18 UTC
Vicat specializes in the production and marketing of cement, ready-to-use concrete granulates. Net sales by family of product break down as follows:
- cement (54.7%): 28.8 Mt sold in 2023;
- ready-to-use concrete and aggregates (37.3%): 10 million m3 of ready-to-use concrete and 24.3 Mt of aggregates sold.
The remaining net sales (8%) are from transporting materials and merchandise to large work sites, prefabricated concrete products, and fabrication of building products (glues, coatings, etc.) and paper.
At the end of 2023, the group owns 273 concrete plants, 71 granulate quarries, 16 cement plants, and 5 crushing centers worldwide.
Net sales are distributed geographically as follows: France (30.8%), Europe (10.3%), Americas (24.9%), Asia (12.5%), Mediterranean (11.8%) and Africa (9.7%).
VICAT 
