Investor Presentaiton
Appendix - Consolidated Income Statement - FY 2023
2023
2022 (Non-
(EUR million)
2023
2022
Chg %
Chg %
(Non-GAAP)*
GAAP)*
REVENUE FROM SALES AND SERVICES
1,694.2
1,723.1
(1.7%)
1,694.6
1,720.9
(1.5%)
Change in inventories
11.7
18.7
(37.7%)
17.1
23.2
(26.6%)
Increase for internal work and other income
31.6
35.7
(11.4%)
26.0
19.9
30.7%
TOTAL OPERATING REVENUE
1,737.5
1,777.5
(2.3%)
1,737.7
1,764.0
(1.5%)
Raw materials costs
(739.1)
(829.4)
(10.9%)
(728.8)
(817.2)
(10.8%)
Personnel costs
(203.1)
(198.2)
2.5%
(202.9)
(197.7)
2.6%
Other operating costs
(384.2)
(414.7)
(7.4%)
(384.2)
(412.9)
(6.9%)
TOTAL OPERATING COSTS
(1,326.4)
(1,442.3)
(8.0%)
(1,315.8)
(1,427.7)
(7.8%)
EBITDA
411.1
335.3
22.6%
421.9
336.3
25.4%
EBITDA Margin %
24.3%
19.5%
24.9%
19.5%
Amortisation, depreciation, impairment losses and provisions
(132.8)
(130.8)
1.5%
(122.6)
(121.5)
0.9%
EBIT
278.3
204.4
36.2%
299.2
214.7
39.3%
EBIT Margin %
16.4%
11.9%
17.7%
12.5%
NET FINANCIAL INCOME (EXPENSE)
12.4
32.0
(61.3%)
16.5
12.0
n.m.
PROFIT BEFORE TAXES
290.7
236.4
23.0%
315.8
226.7
39.3%
Income taxes
(75.2)
(54.9)
37.1%
(78.7)
(46.8)
68.0%
PROFIT FROM CONTINUING OPERATIONS
215.5
181.6
18.7%
237.1
179.9
31.8%
PROFIT FOR THE YEAR
215.5
181.6
18.7%
237.1
179.9
31.8%
Non controlling interests
14.1
19.3
(26.7%)
13.8
18.7
(26.4%)
GROUP NET PROFIT
201.4
162.3
24.1%
223.3
161.2
38.5%
C
cementirholding
CALTAGIRONE GROUP
(*) Non-GAAP figures exclude both the impact of IAS 29 application and of non-industrial
properties revaluation in Türkiye (2023: 7.7 M€, 2022: 16.3 M€)
29
Concretely Dynamic
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