Skip to main content
menu
Vicat
copyright
Vicat

Vicat’s 2023 first half results

26 July 2023

Vicat Group has today published its 2023 first-half results

Commenting this results, Guy Sidos, the Group’s Chairman and CEO declared:

“The Vicat Group recorded a solid set of first-half 2023 results. Demand for cement remained broadly favourable across all our markets, with pricing levels offsetting the cumulative effects of cost inflation, especially higher energy prices. Profitability moved higher in line with our expectations, with the ramp-up in the Ragland plant’s new kiln in the United States, which will continue during the second half. However, the Group has not yet returned to its pre-crisis margins rates.

I’d like to thank all our teams for their unwavering commitment enabling us to reach our industrial, financial and climate targets. The Group has reduced its specific carbon emissions by 3.6% from the level of 591 kg CO2 net per tonne of cement equivalent of a year ago and is on pace to reach its climate roadmap goal of 497 kg CO2 net per tonne of cement equivalent by 2030.” 

Download press release

20230726_2023 Half-year results_Vicat
Download the file (837ko)

Our news

Find all the news

Image

04/03/2025

The Vicat group launches the VAIA project as an accelerator of the decarbonization ambitions

abstract teaser

Following the signing of the ecological transition contract with the French government as part of the national strategy for decarbonizing the 50 most CO₂-emitting industrial sites, Vicat confirms its ambition with the launch of the VAIA project (Vicat Advanced Industrial Alliance).

Image

09/06/2022

Lithosys : the new Vicat brand for concrete 3D printing

abstract teaser

Vicat is expanding the boundaries of concrete design and construction with the launch of Lithosys, its new brand devoted to concrete 3D printing.

Image

12/01/2022

Vicat develops first carbon-zero binder

abstract teaser

Vicat’s DECA low-carbon range has been enriched by the addition of the first carbon-negative binder that can be used to produce very-low-carbon concrete. This innovation highlights the Group’s commitment to achieving carbon neutrality on its full value chain by 2050.

Image

17/12/2021

Meteor: increasing the proportion of alternative fuels at Montalieu-Vercieu

abstract teaser

Under its 'France Relance' recovery plan, the French government is putting up 1.2 billion euros to boost the drive for reducing the industrial sector’s greenhouse-gas emissions by creating new support mechanisms that will reinforce the existing mechanisms implemented by the country’s Environment and Energy Management Agency (ADEME). The latest batch of 42 ‘France Recovery’ beneficiaries announced on Friday, 19 November, 2021, includes our very own ‘Meteor’ project.