Buzzi Unicem: Financial year 2010 preliminary figures
The Board of Directors of Buzzi Unicem met on 08.02.2011 to examine the preliminary figures for the year 2010. Cement sales totalled 26.6 million tons, +4 % over 2009. In the United States, despite the public infrastructure projects included in the stimulus packages, demand in non-residential building continued to suffer from the investment reductions carried out by the private sector and the residential segment failed to show clear signs of improvement. Central European countries were capable of getting the most from the benefits of the revival of foreign trade, especially towards newly industrialized countries and showed a promising trend in the economy. The Eastern European emerging countries, except for the Czech Republic, where industrial production is still far from the levels reached before the 2009 recession, showed good dynamics of economic growth which progressively strengthened in the second half of the year. Mexico, where performance up to June had been negative, closed the year with improved sales volumes. Consolidated net sales were down 0.9 % from 2,672 million € to 2,648 million €.